The XUV400 customers will have access to more than 1,100 chargers on the Bluesense+App through the joint venture, which will enhance the convenience and reach of electric vehicle charging.
The domestic wholesales of two-wheeler manufacturers including electric vehicles grew by 26.2% YoY to 14,95,183 units against 11,84,376 units in the same period last year.
India-Japan Fund will invest ₹400 crore at a valuation of up to ₹6,600 crore, resulting in IJF's ownership ranging between 6.06% and 8.25% stake in Mahindra Last Mile Mobility.
The IPO of SoftBank-backed FirstCry comprises a fresh issue of equity shares worth ₹1,816 crore and an offer for sale of up to 5.43 crore shares by existing shareholders.