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British International Investment Announces $250 Million for Mahindra’s EV Venture

The investment aims to accelerate EV adoption in India

July 11, 2022

/ Vijayalakshmi Sridhar
/ Electric Vehicles, Finance and M&A, Grid, Other
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British International Investment (formerly CDC Group), a U.K. government-owned development finance institution, will invest up to $250 million in a new passenger electric vehicle (EV) venture to be launched by Mahindra & Mahindra, a leading Indian automotive group.

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Vijayalakshmi Sridhar

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BIICOP26EVinvestmentMahindra & Mahindra
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