M&M to pump in Rs 900 cr more in EVs : The Tribune India

Join Whatsapp Channel

M&M to pump in Rs 900 cr more in EVs

Mumbai: The Mahindra Group on Monday announced a fresh Rs 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.



Mumbai: The Mahindra Group on Monday announced a fresh Rs 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 Rs 600 crore in EVs over the past 5-6 years and have decided to invest Rs 400 crore in Karnataka and Rs 500 crore in Maharashtra over the next 4-5 years,” said M&M managing director Pawan Goenka. — PTI

Top News

Relief for Delhi CM, High Court bins plea for his ouster

Relief for Delhi CM, High Court bins plea for his ouster

Special court extends Kejriwal’s ED custody till April 1