Mahindra Will Launch These 5 Secret Electric Vehicles in the year 2021 that offer amazing features. Mahindra will soon launch several electric vehicles as the company has opened its electric technology plant in Bangalore.
This plant will produce battery packs, power electronics, and motors, while the company has also invested in the new manufacturing unit of its Chakan plant for the production of EVs.
Mahindra Will Launch These 5 Secret Electric Vehicles:
The company will be going to launch 5 new electric vehicles including the updated Mahindra Treo, Mahindra Treo Zor, Mahindra eKUV100, Mahindra Atom, and Mahindra eXUV300.
The company Mahindra aims to sell 5 lakh electric vehicles in India by 2025. For such, the company is going to invest in electric vehicles which will bring relief to the common people from the rising petrol price. Mahindra Will Launch These 5 Secret Electric Vehicles in 2021 all are amazing ones.
They will make a new investment of Rs 3,000 crore in the next three years, as well; the company is considering further involvement in this segment. However, 1,700 crores have been invested in the EV business in India and 500 crores in the R&D department.
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They had opened their electric technology plant in Bangalore, which produces battery packs, power electronics, and motors, and has also invested in the new manufacturing unit of its Chakan plant for the production of EVs.
Anish Shah, MD and CEO of Mahindra Group, said that we are going to invest ₹ 3,000 crores for EVS.” It will be used in various activities, including developing a new EV platform that can build multiple models by combining the various capabilities of groups.