Mahindra and Mahindra claims to be the first and only Indian automobile firm that is looking at building an all-electric vehicle portfolio, as India tries to reduce emission and pollution.
“We are working on that,” said Pawan Goenka, executive director of M&M. The firm is betting on electric, self-drive, and ride share, what it calls the “future of mobility”.
Many in M&M say though the cost to acquire an electric vehicle is high, over time, its maintenance gets cheaper, which will eventually boost its adoption.