The Mahindra Group announced a fresh ₹900-crore investment in electric vehicles (EVs) over the next four years, which should ramp up its first installed capacity to 5,000 units a month.
“We have already invested ₹600 crore in EVs over the past five-six years and decided to invest ₹400 crore in Karnataka and ₹500 crore in Maharashtra in the next four-five years. This will be used for capacity, technology and products,” managing director Pawan Goenka told reporters here.
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.