Mahindra & Mahindra, India's largest commercial vehicle and passenger vehicle maker, will present an electric bus or e-rickshaw by the end of this year or in the beginning of the year 2018. Considering the news, the automobile is reducing the high voltage for its luxury vehicle.
The company has again prepared itself for electric vehicle business using the Rewa plant in Bangalore. Pawan Goenka, MD of M & M, said that in the next few years, we will carry the total cumulative total amount to Rs. 1200 crores from 600 crores.
He further said that this production does not include the cost of development and is working in the high luxury electric vehicle developed by Pininfarina. At present, Mahindra makes 48 V and 72 V engines.
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