Mahindra Electric plans to double production capacity

Corporate developments

Mahindra Electric also plans to invest close to USD40 million on its last-mile mobility business

Indian electric vehicle (EV) manufacturer Mahindra Electric, part of Mahindra & Mahindra (M&M) Group, plans to double its production capacity and is in the midst of expanding its product portfolio, a report published by news publication Economic Times on 27 December 2021 said.

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