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M&M search for potential investors in e-mobility business may end soon!, Auto News, ET Auto [Video]

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The company's main thrust for the time being is on shared mobility and last mile connectivity vehicle because that's where the real benefit of electric vehicle will come to India.
The company's main thrust for the time being is on shared mobility and last mile connectivity vehicle because that's where the real benefit of electric vehicle will come to India.

New Delhi: Mahindra and Mahindra (M&M) which has been looking for potential investors for Mahindra Electric Mobility, its electric vehicle business, may finalise some names soon from among the investors who have evinced interest., said a top company official.

Pawan Goenka, Managing Director, Mahindra and Mahindra on Thursday said, "We have got significant interest from many players from e-commerce providers, financial and strategic investors, and we are in the process of finalising the deal with one or two of these players."

However, Goenka refused to divulge any more detail. "I don't want to take any names now as these decisions take time. However, the plans are progressing, as mentioned earlier," he said.

India's largest EV manufacturer is still betting big on …

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Ecommerce

Reports of rising retail sales suggest Chinese consumers have shaken off coronavirus worry, but the recovery is by no means complete, and spending that has grabbed headlines masks a deeper malaise

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Ecommerce

My WORST NIGHTMARE Came True With Amazon! Every amazon fba seller fears their seller account being suspended, watch this video to find out what happened and what I did to try and fix it!