Indian carmaker Mahindra is ready to attract a strategic investor for its electric division, says Hindustan Times Auto. This is due to the losses of the company in the period of the pandemic coronavirus.
In fact, Mahindra has confirmed that it will be able to develop the electric field and is ready to sell it. Previously, the company announced the termination of investment in its Korean brand SsangYong.
In fact, promising electric SUV Mahindra eXUV300 is based on the Korean SsangYong E100 and developed by Korean experts. Now the future of the two innovations in question.
Not clear situation with others, the most famous brand owned by Mahindra – Automobili Pininfarina. Is a niche manufacturer of electric vehicles established on the basis of the legendary coach.
In Mahindra claim that Automobili Pininfarina will produce its first model, the electric hypercar Battista. However, recognize that because of the coronavirus model launch delayed until next year.