This venture is anticipated to create over 5,200 jobs and produce 5 lakh electric and 1 lakh commercial cars.
The automaker sold a total of 5,21,868 vehicles during the first quarter, marking a 5 per cent increase.
The Hyundai Exter aims to make its mark as a formidable challenger to the already popular Tata Punch.
(L-R)- Makoto Uchida, President & CEO, Nissan Motor and Toshihiro Mibe, Director & President, Honda Motor.
Mahindra is readying the launch of the 5-door Thar Roxx on August 15.
The company saw a 24.6 per cent increase in BEV deliveries, totalling 190,614 units.
This partnership comes on the heels of an earlier alliance between Nissan and Honda, which Mitsubishi has now joined.
The bookings opened on July 26, with deliveries starting this month.
Passenger vehicles in the domestic market accounted for 137,463 units, down 9.6 per cent.
This announcement follows the recent announcement of the MG Windsor arriving soon in the Indian market.
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