India’s passenger EV market will hot up in next 3-4 years
Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra & Mahindra and BYD are emerging players in the Indian market.
Currently Tata Motors held over two-thirds of the country's EV market, but Mahindra & Mahindra and BYD are emerging players in the Indian market.
This newly launched XUV700 has created a great hype in the market, with more than 50,000 bookings in the first two days alone.
The company said the affected Thar customers will be individually contacted by the company.
The recently launches Mahindra Thar also comes under the ambit of revised price list.
Share price of Mahindra & Mahindra (M&M) surged over 2 per cent during Wednesday afternoon after the automaker announced that…
M&M holds nearly 75 per cent in the Korean company now and has since invested over USD 110 million.
Its revenue rose by 6 per cent to Rs 11,590 crore in the second quarter as against Rs 10,935 crore in the same period last fiscal.
Toyota Kirloskar Motor (TKM) said it sold 12,373 units in the domestic market last month, up 4.27 per cent from 11,866 units in October 2019.
The passenger vehicle segment of the company which includes utility vehicles, cars and vans recorded a 1 per cent growth in sales at 18,622 vehicles last month, M&M said in a statement.
Exports dropped by 45 per cent to 1,467 units as against 2,668 units in the year-ago month.
