SoftBank & Mahindra Electric may get into partnership topush EV

SoftBank is reportedly in preliminary talks with Mahindra Electric to formulate a strategic partnership, might also include minority stake in Mahindra Electric.

Business Standard report adds that Mahindra is talking to a diversified range of potential investors, including players who can help Mahindra in developing EVs, powertrains, chargers & other emobility solutions.

Last month, Mahindra Electric CEO Mahesh Babu told CNBC that the company is looking for a strategic partner or a private equity investor to scale up its operations.

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