|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||20.75 - 21.01|
|52-week range||16.00 - 22.19|
|PE ratio (TTM)||19.61|
|Forward Dividend & Yield||0.20 (1.02%)|
|1y target est||N/A|
India wants to drastically increase its electric vehicle production in order to meet its 2030 goals, but still lags behind in adoption
Prime Minister Narendra Modi has kicked off India’s race to turn all new passenger car sales electric by 2030. The largest order has gone to a company that hasn’t commercially started producing the vehicles....
LONDON/NEW DELHI, May 3 (Reuters) - Mahindra & Mahindra (BSE: M&M.BO - news) has stopped selling electric cars in the United (Shenzhen: 000925.SZ - news) Kingdom due to weak sales and is winding up sales operations there, according to a document seen by Reuters, in a new setback to the Indian automaker's global ambitions. Mahindra's decision comes less than a year after it launched the e2o car in a market it considered a launchpad for selling electric cars in European countries like Norway, Sweden and the Netherlands.