SAVWIPL

Mahindra and Skoda likely to sign pact for proposed JV soon

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Mahindra and Skoda likely to sign pact for proposed JV soon

Top executives of Mahindra & Mahindra and Skoda Auto Volkswagen India (SAVWIPL) are likely to meet over the next few days in Mumbai to discuss forming a potential car manufacturing joint venture in India, said people familiar with the matter. “The board members of SAVIWPL and M&M are scheduled to meet over the next few … Read more

Mahindra & Skoda VW poised for 50:50 EV joint venture: Focus on battery-powered SUVs

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Mahindra & Skoda VW poised for 50:50 EV joint venture: Focus on battery-powered SUVs

Mahindra & Mahindra (M&M) and Skoda Auto Volkswagen India (SAVWIPL), the Volkswagen Group’s wholly owned India subsidiary, are in advanced stages of forming a 50:50 joint venture to share costs, technology and vehicle platforms for future product development. While the scope of the JV will also include fossil fuel-based models, it will largely focus on … Read more