British International Investment and Mahindra will each invest up to $250 million in the automaker's new electric vehicle unit, as Mahindra aims to lead sales of electric SUVs in the country.
British International Investment and Mahindra will each invest up to $250 million in the automaker's new electric vehicle unit, as Mahindra aims to lead sales of electric SUVs in the country.
Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.