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In case you missed it here are latest news for you

Mahindra will invest 12 thousand crores into its EV project

Mahindra declared its intention to allocate Rs 120 billion ($1.44 billion) towards its electric vehicle (EV) division. Mahindra would pay Mahindra Electric Automobile Rs 7.96 billion to transfer some of its EV-related assets to Mahindra as part of this plan. SUVs like the Scorpio and Thar presently dominate Mahindra’s vehicle selection.

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There’s a significant drop in average buyer age across cars, smartphones, and TVs in the Indian consumer industry

More than 70% of electric car purchases these days come from people in their 20s and 30s. Apart from automobiles, the average age of consumers purchasing Apple iPhones has decreased from 33–34 to 28–29, and for larger screen televisions (55 inches and above), it has decreased from 35–36 to 29–30 years.

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MG Hector Leads the Pack as Top Value-for-Money SUV in Recent Surveys

MG Motor India’s flagship SUV, the Hector, has clinched the title of the most value-for-money vehicle in its segment, according to recent surveys conducted by NielsenIQ and a leading used car company.

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