Mahindra & Mahindra Commits ₹120 Billion to EV Expansion by FY 2027
The fund will be used to create and market an electric SUV portfolio
May 17, 2024
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Automobile manufacturer Mahindra & Mahindra plans to invest ₹120 billion (~$1.43 billion) in its electric vehicle (EV) unit, Mahindra Electric Automobile (MEAL), over the next three years up to March 31, 2027.