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China’s Electric Car Market Lures India’s Biggest SUV Maker

  • India’s biggest SUV maker says China an attractive EV market
  • Mahindra Electric selling plug-in vehicles in U.K., India
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China’s electric vehicle market is so hot that India’s biggest SUV maker is angling for a piece of the action.

Mahindra and Mahindra Ltd.’s electric car unit is looking for a joint venture partner in China to manufacture and sell EVs in the world’s biggest auto market, according to Arvind Mathew, chief executive officer of Mahindra Reva Electric Vehicles Pvt Ltd. The company currently sells electric cars in the U.K. and Indian subcontinent and is open to offering its powertrain technology to buyers other than its parent, he said.