Indian electric car is a high-volume market with a lot of potential customers.
Right now this market is completely dominated by Tata motors itself with their Tata Nexon EV.
Now to break this monopoly and provide more options to the customers M&M (Mahindra & Mahindra) came forward with its plan to sell 2 Lakh EV till 2027.
Mahindra will launch 5 of its electric cars for the Indian EV market.
M&M has raised $250 million in funding from a B.I.I. to invest specifically on their electric vehicle plans.
Not just electric vehicles M&M will work on supply chain, eco-system, and dealers for their whole electric vehicle network.
Mahindra is right now bullish on electric vehicles seeing the trend and craze of EV’s among their customers.
Do you think Mahindra will grab Tata’s customers and set a healthy competition in Indian EV market or Tata will keep ruling in Indian EV market.
Tata killing China's Monopoly
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