Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles Updated On Mon, Jul 25th, 2022 by Saurenergy Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […] Read more
BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment Updated On Fri, Jul 8th, 2022 by Saurenergy Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […] Read more
First Batch Of Hero Electric E-Scooters Rolls Out From Mahindra Stable At Pithampur, Madhya Pradesh Updated On Tue, Jul 5th, 2022 by Saurenergy Automobile major Hero Electric made an announcement on July 4 that its strategic partnership with Mahindra group has finally taken the shape of e-scooters. The first batch will be rolled out from the stable of Mahindra Group in Pithampur in Madhya Pradesh. Both the companies had entered into a five-year partnership to cater to the […] Read more
Mahindra Group to Invest Fresh Rs 3000 cr in EV Business Updated On Wed, Mar 2nd, 2022 by Saurenergy Leading Indian automaker Mahindra & Mahindra Ltd (M&M) has said that the company will invest Rs 3000 crore in the coming three years in the electric vehicle segment where it will combine its capabilities of all the current operations across the world. Managing Director and CEO Anish Shah said that the company has massive investment plans for […] Read more
