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● Neutral for Mahindra & Mahindra
Kiska BaaS is the best? Tata Motors, Mahindra, MG and Maruti EV offers put to the test
The brief
- Mahindra leads on quoted battery-financing costs
- Tata’s portfolio-wide rollout broadens the battery-financing contest
- EV financing competition may affect Tata Motors, Mahindra and Maruti’s electric-vehicle strategies
- Tata nearly doubles EV registrations, Mahindra overtakes MG in September
- PV sales jump 21.7% to 4.6 lakh units in September; Maruti, Hyundai, Tata Motors lead growth
- Nifty extends slide to eighth straight week, longest in 25 years; TMPV, Maruti, M&M, Jio Financial among top drags
- Tata Motors PV shares fall over 3% despite 40% Q2 sales growth; Nifty Auto index down over 4%
- Tata Motors passenger vehicles sales jump 40% in Q2