Home Four wheelers oi-Stephen Gershom By Stephen Gershom Published: Monday, April 12, 2021, 14:09 [IST] Mahindra & Mahindra is all set to invest an additional Rs 3,000 crore in its electric vehicle business. The brand had earlier announced an investment of Rs 9,000 crores in the development of its EV vertical, and now the additional Rs 3,000 crore has elevated the budget to a total of Rs 12,000 crore. It is no secret that the future is electric. There are hundreds of electric vehicle startups in the world, trying to develop that perfect EV that can capitalise on the huge potential in the market. At the same time, all established automotive manufacturers across the world are also trying to get a slice of the EV pie. Mahindra & Mahindra is currently known for its brilliant petrol and diesel-powered SUVs. However, it wants to be known for its electric vehicles a few years from now. Mahindra was the first major … [Read more...] about Mahindra Announces Additional Investment Of Rs 3,000 Crore In Its EV Business
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Ford Ranger Gets Two New Limited-Edition Models In Europe
Going on sale in October Ford is constantly updating the Ranger at both sides of the big pond to keep it competitive until the next-gen model arrives . There are literally countless different versions of the truck available in the United States and Europe, and the company has just added two new variants to the pickup’s European range. Meet the Ranger Stormtrak and Ranger Wolftrak. Described as limited-edition models, the two new additions will play different roles in the hierarchy. The Stormtrak is a more premium take on the Ranger with distinctive visual upgrades and new features, while the Wolftrak is for those who work “outdoors and desire commanding off-road performance without compromising comfort and desirability.” Gallery: Ford Ranger Stormtrak and Ranger Wolftrak 15 Photos Starting with the Ranger Stormtrak, it’s based on the Wildtrak series and … [Read more...] about Ford Ranger Gets Two New Limited-Edition Models In Europe