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Executive Movements

Mahindra Electric CTO Martin Murray steps down

Martin Murray has resigned as Chief Technology Officer of Mahindra Electric Mobility Limited (MEML), according to ETAuto report. Murray was responsible for product and project engineering, mobility solutions, and programme management at Mahindra Electric. His last working day was July 31, 2021. This comes soon after Mahesh Babu’s resignation in July as CEO and MD of the company […]

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Executive Movements

Mahindra Electric CEO Mahesh Babu quits; Suman Mishra to take over

Mahindra Electric Mobility CEO and MD, Mahesh Babu, is stepping down from the role to pursue interests outside the company, according to ETAuto report. Consequently Suman Mishra, Sr VP, Business transformation, Insight and Analytics , automotive sector will take over as chief executive of MEML and chief executive designate of Last Mile Mobility business with […]

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Investment

Mahindra to invest Rs 3,000 cr on electric vehicle business in next 3 years

Mahindra & Mahindra Ltd will put in fresh investments to the tune of Rs 3,000 crore on its electric vehicles business in the next three years, while it looks for more alliances and partnerships in the vertical, according to a PTI report. M&M is working on developing an EV platform by combining the capabilities of […]

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Executive Movements

Mahesh Babu appointed MD, CEO of Mahindra Electric

Mahindra Electric Mobility, the electric vehicle manufacturing arm of Mahindra, recently announced that it has elevated company CEO Mahesh Babu to the position of Managing Director and CEO. His appointment will come in effect from May 7. The decision was taken by the board of directors in a board meeting held on May 6. Babu […]

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News

Softbank in talks for a minority stake in Mahindra’s electric arm

Japanese conglomerate SoftBank, who has been aggressively investing in the Indian start-up system, is reportedly considering buying a minority stake in Mahindra Electric Mobility. According to a Business Standard report, the two companies have begun preliminary talks for an alliance. Mahindra’s Electric Vehicle manufacturing arm is a subsidiary of Mahindra & Mahindra, said a few […]