 "Mahindra, M&M")
Homegrown auto major Mahindra and Mahindra (M&M) is looking for strategic partners for its electric vehicles business in order to further scale it up, a top company official said on Friday.
The auto major, which reported a 94 per cent decline in consolidated profit at Rs 54.64 crore for the June quarter, also said there is no impact of Covid-19 on its EV launch plans.
The automaker has invested significant capital in the segment and that gives it confidence to find partners, M&M Managing Director Pawan Goenka told reporters in a conference call.
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