British International Investment Announces $250 Million for Mahindra’s EV Venture

The investment aims to accelerate EV adoption in India

July 11, 2022

/ Electric Vehicles, Finance and M&A, Grid, Other

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

British International Investment (formerly CDC Group), a U.K. government-owned development finance institution, will invest up to $250 million in a new passenger electric vehicle (EV) venture to be launched by Mahindra & Mahindra, a leading Indian automotive group.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Vijayalakshmi Sridhar

More articles from Vijayalakshmi Sridhar.

BII COP26 EV investment Mahindra & Mahindra

PREV ALL POSTS NEXT

Get the most relevant India solar and clean energy news.

British International Investment Announces $250 Million for Mahindra’s EV Venture

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS