MUMBAI -- Indian conglomerate the Mahindra group plans to spend more than 120 billion rupees ($1.43 billion) over three years to speed up its rollout of electric vehicles, according to group CEO and Managing Director Anish Shah.
Interview
India's Mahindra plans $1.4bn EV buildup, CEO says, as it chases Tata
EVs to make up 20% to 30% of Mahindra's sales volume, Anish Shah says
SUVs account for 99% of Mahindra's passenger vehicle sales. © Reuters
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