08
Jul
14:54
UK to invest $250m in Indian EV venture
UK development finance institution British International Investment (BII) will provide a leading automaker in India with up to $250 million for a new electric vehicle subsidiary, Kallanish reports.
The investment will support the launch of a venture by Mahindra & Mahindra (M&M) to develop a four-wheel electric SUV for Indian consumers.
“It will contribute towards 2.1m tonnes of CO2 equivalent emission avoidance and lead to the creation of around 8…
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Anonymous
Very good overview of the weekly steel market.
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