India’s Mahindra to invest $121 million to set up EV facility in Telangana state
BENGALURU (Reuters) -Indian automaker Mahindra and Mahindra Ltd said on Thursday it will invest 10 billion rupees ($121 million) to set up a manufacturing facility in the southern state of Telangana to make electric three- and four-wheelers. The investment will be made over eight years at the company’s Zaheerabad plant to develop its last mile …
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