Mahindra & Mahindra, country’s largest utility vehicle maker has started work on a new platform for a bigger electric vehicle that could even be used by its Korean subsidiary SsangYong Motor. The company is planning to invest about Rs 150 crore to develop electric versions of its three existing vehicles – Gio, Maxximo and Verito. Automaker is waiting for support from the central government for pushing eco-friendly vehicle, so that it can extend the electric mobility technology to its two-wheelers.
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