Pune: The Mahindra group-owned automotive firm Mahindra & Mahindra (M&M) said that it is planning to develop and manufacture electric vehicles from its dedicated INGLO platform for EVs, the EV-only brand BE, as well as the electric version of its XUV utility vehicle, from its upcoming plant in Chakan.
M&M showcased some of its born-electric vehicles at Oxfordshire, UK, on August 15 this year.
The new Chakan facility was approved by the Maharashtra government on Tuesday. M&M already has a manufacturing facility in the area, with the new plant being expected to be set up with a Rs 10,000 crore investment over the next seven to eight years.
