The current investment plan aims to take the capacity to 5,000 units a month. :
Despite policy the lingering uncertainties, the Mahindra Group on Monday announced a fresh Rs 9 billion investment in electric vehicles (EVs) over the next four years, which should ramp up its first installed capacity to 5,000 units a month. "We have already invested Rs 6 billion in EVs over the past five-six years and have announced decided to invest Rs 4 billion in Karnataka and Rs 5 billion in Maharashtra over the next four-five years.