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
