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Mahindra to Invest Rs. 10,000 Crore on EV Development, Manufacturing in Pune

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Mahindra will invest Rs. 10,000 crore for the manufacturing, development, and production of its upcoming Born Electric Vehicles (BEVs), the company said in a regulatory filing. The investments will be made over the next 7-8 years, for the production of electric vehicles that are based on the INGLO EV platform. They will be launched under the XUV brand and the all-new ...

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