M&M confident of India EV story, ‘on track’ with its BEV plans
For the current fiscal year, the automaker plans to add about 15,000 additional capacity a month. This includes 10,000 units for EVs and 5,000 for models like the Thar 5-door, XUV3XO and XUV400. With this, the company’s monthly capacity will increase to 64,000 units, up from 49,000 units a month at the end of FY24.
Tags : Mahindra on EV plans electric vehicle markets EV penetration Mahindra & Mahindra EV technology charging infrastructure Anish Shah
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