Mahindra Group to invest â¹900 crore in electric vehicles
Indian car manufacturer Mahindra Group has announced that the company will invest â¹900 crore in electric vehicles (EV) in the next four years. The company plans to invest â¹400 crore in Karnataka and â¹500 crore in Maharashtra. The plan aims to take the building capacity to 5,000 units a month and will manufacture all components of the EVs, except batteries.