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Automobiles

Mahindra buys stake in Zoomcar amid push for electric vehicles

Car rental company to add 500 Evs in 20 Indian cities

The logo of Mahindra and Mahindra at a showroom in Mumbai   © Reuters

MUMBAI (NewsRise) -- Mahindra & Mahindra has picked up a stake in Zoomcar, as India's second-largest utility vehicle maker seeks to entrench its electric vehicle brands in nation's fast-growing car rental market.

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