Mahindra's upcoming EVs will be developed & manufactured in a dedicated facility in Pune
The company will invest around ₹10k crore over eight years
Mahindra is all set to launch its XUV400 EV in the Indian market early 2023
The XUV400 is essentially the XUV300 but with an all-electric core
But eyes would also be peeled on some of its other EVs in the future
Mahindra recently unveiled five new EV concepts which are likely to hit roads over the next few years
These include XUV.E8, XUV.E9, BE.05, BE.07, and BE.09
At present, Tata Motors has a commanding lead in the electric car segment in India