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India

SML Mahindra, India to launch electric bus by FY 2027, outlines post-acquisition strategy

Apr 27, 2026

On April 20, in an investor update, SML Mahindra confirmed that its first electric bus will launch within FY 2027 (ending March 2027), with work ongoing on EV aggregates and powertrain strategy. For heavy trucks, management sees hydrogen fuel cells as the more viable long-term green technology rather than pure electr....

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