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Image Source : Energyinfra market Screenshot 2024 07 08 141405

Mahindra invests Rs. 4500 crore for developing 2 new brands


Last Update 28 November 2024

As part of the INR 16,000 crore capex for the EVs, Mahindra and Mahindra has committed to invest Rs 4,500 crore for the two new ground up electric brands i.e. BE 6e and XEV 9e for the overall developments of the electric vehicles at its Chakan unit, increasing the production capacity up to 1.2 lakh units per annum.

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