Source: Caijing Author: Jia Zijian 2024-05-19 14:20
Recently, according to foreign media reports, Indian automobile manufacturer Mahindra&Mahindra said that it would invest $1.44 billion in its electric vehicle sector in the next three years to stimulate growth. At the same time, the company is also paying close attention to hybrid technology.
Mahindra is the third largest electric vehicle manufacturer in India. Currently, only one electric vehicle XUV400 is sold, but the company plans to launch a series of new electric vehicles next year. Mahindra predicts that by 2027, electric vehicles will account for 20% to 30% of its SUV sales. (Gesch Motors)