Mahindra Mahindra Takes Majority Stake in REVA Electric Car Co.
Green Car Congress
MAY 26, 2010
India-based Mahindra & Mahindra Ltd. (M&M) M&M) is acquiring a majority share in REVA Electric Car Co Ltd. REVA Electric Car Co Ltd. will be renamed Mahindra REVA Electric Vehicle Co Ltd. Under the new agreement signed today by both the companies, M&M will own 55.2% Earlier post.)
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