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Temasek To Invest Rs 1200 Crore In Mahindra’s Electric Automobile Division

Aug 3, 2023, 6:34 PM

Temasek To Invest Rs 1200 Crore In Mahindra’s Electric Automobile Division

Temasek's investment will take the form of Compulsorily Convertible Preference Shares

2 Min

car&bike Team | Aug 3, 2023
Kawasaki Ninja e-1 and Z e-1 Type-Approved In Australia; Ready For Launch
It was at EICMA 2022 that Kawasaki showcased the Ninja EV and the Z EV, now re-named as Ninja e-1 and Z e-1. Now, the two electric motorcycles have been type-approved in Australia as more details emerge.
2 mins read
car&bike Team | Aug 3, 2023
Auto Sales July 2023: Bajaj Auto's Sales Decline By 10%
The company reported the sale of 3,129,747 vehicles in July 2023
2 mins read
Janak Sorap | Aug 3, 2023
Yamaha Showcases MT-07, YZF-R7, MT-09 and YZF-R1M In India! Launch Soon?
The bikes were showcased during a Yamaha Track Day event for customers at Madras International Circuit in Chennai
3 mins read
car&bike Team | Aug 3, 2023
2024 Honda Africa Twin To Get Direct Injection, Radar-Powered Safety Tech
Several patents have revealed what could be potential updates for the next-generation model of Honda’s flagship ADV.
1 min read
car&bike Team | Aug 3, 2023
Honda 2Wheelers Teases New Motorcycle Again; Launch Next Month
Honda Motorcycle and Scooter India teased its new premium commuter motorcycle in the 150-160 cc segment. The new model will take on the likes of the Hero Xtreme 160R, Bajaj Pulsar N160 and the TVS Apache RTR 160 4V.
1 min read
Jafar Rizvi | Aug 3, 2023
2023 Toyota Vellfire Launched In India; Prices Start At Rs 1.2 Crore
The all-new luxury MPV will be offered in two grades: the Hi grade and the top-spec VIP-Executive lounge
3 mins read
Seshan Vijayraghvan | Aug 3, 2023
Maruti Suzuki Alto Sales Crosses 45 Lakh Units Milestone In India
The Alto was first launched in 2000, and the moniker has been in the market for 23 years.
2 mins read
Sidharth Nambiar | Aug 3, 2023
Auto Sales 2023: Top 10 Car Brands In India In July
Maruti, Hyundai, Tata and Mahindra retained the top 4 spots on the list, from last month
3 mins read

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car&bike Team | Mar 30, 2022
Ford's Fleet Customers Send Mixed Signals On Electric Vehicles: Report
In August, Ford doubled its production target for the Lightning because of strong early demand for the truck ahead of its 2022 launch.
1 min read
car&bike Team | Mar 30, 2022
Hero MotoCorp To Hike Prices Of Two-Wheelers By Rs. 2,000 From April 5
According to a statement from Hero MotoCorp, the price revision has been necessitated to partially offset the impact of increasing commodity prices.
1 min read
car&bike Team | Mar 30, 2022
Robotaxi Fleets On Roads Likely 10 Years Away, Lucid CEO Says
Tesla Inc's CEO, Elon Musk, said in 2019 that robotaxis with no human drivers would be available in some U.S. markets in 2020. That proved to be inaccurate.
1 min read
car&bike Team | Mar 30, 2022
Factbox-Electric-Vehicle Batteries: Major Players And Their Expansion Plans
Global EV sales, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte.
1 min read
car&bike Team | Mar 30, 2022
General Motors Expedites Shipment Of Pickup Trucks Parked Due To Lack Of Chips
The global chip shortage has forced automakers like GM to idle production or in some cases mostly build vehicles and then park them until the necessary chips can be installed, allowing those vehicles to be then shipped to dealers.
1 min read
car&bike Team | Mar 30, 2022
Canada Says Proposed U.S. EV Tax Credit Could Harm Sector, Mulls Possible Challenge
A U.S. House panel in September approved legislation to boost EV credits to up to $12,500 per vehicle, including $4,500 for union-made vehicles produced in the United States and $500 for batteries made in the United States.
1 min read
car&bike Team | Mar 30, 2022
BMW Chennai Plant Completes 15 Years Of Operations
BMWs plant commenced operation on March 29, 2007 with the roll out of the 3 Series luxury sedan
1 min read
car&bike Team | Mar 30, 2022
Pure EV Electric Scooter Catches Fire In Chennai
This is the fourth such instance of an electric scooter catching fire in four days, adding to the debate on safety standards of electric two-wheelers in the Indian market.
1 min read
car&bike Team | Mar 30, 2022
Oil Drops 2% Amid Russia-Ukraine Peace Talks, China Lockdowns
Lockdowns have dampened consumption of transportation fuels in China to a point where some independent refiners are trying to resell crude purchased for delivery over the next two months, traders and analysts said.
1 min read