scorecardresearchMahindra in talks to raise up to $500 million for EV push

Mahindra in talks to raise up to $500 million for EV push

Updated: 23 Sep 2022, 08:52 AM IST
TL;DR.
Mahindra is in early talks with global green funds and private equity firms, the person said, adding that it wants a long-term investor who can help build out its EV business.
FILE PHOTO: Mahindra Funster electric concept SUV is on display after it was unveiled at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo

FILE PHOTO: Mahindra Funster electric concept SUV is on display after it was unveiled at the India Auto Expo 2020 in Greater Noida, India, February 5, 2020. REUTERS/Anushree Fadnavis/File Photo