Mahindra plans six more EVs, raises production capacity 50%

Mahindra & Mahindra (M&M) has announced plans to launch six additional battery electric vehicles (BEVs) by March 2031 and expand annual electric vehicle (EV) production capacity by 50 percent to 144,000 units, as the Indian automaker accelerates its shift toward electrification. The announcement came during M&M’s fourth-quarter fiscal year 2026 (Q4 FY26) earnings conference call on 5 May in Mumbai,…

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