![M&M raises ₹1,925 cr for new EV subsidiary; stock jumps 5%](https://images.assettype.com/fortuneindia%2F2022-02%2Fa8edbd70-1d55-42d9-b122-9d385c468c92%2FEV_copy.jpg?w=300&q=95)
M&M raises ₹1,925 cr for new EV subsidiary; stock jumps 5%
UK-based British International Investment (BII) will invest up to ₹1,925 crore into a new subsidiary of M&M which will focus on four-wheel passenger electric vehicles.
UK-based British International Investment (BII) will invest up to ₹1,925 crore into a new subsidiary of M&M which will focus on four-wheel passenger electric vehicles.