Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) has initiated talks with various state governments in India to set up manufacturing infrastructure for its upcoming range of electric sports utility vehicles. The automaker, which has lined up five new electric Sports Utility Vehicles (SUVs) with the first four expected to hit the roads between December 2024 and 2026, will evaluate incentives offered by different state governments before finalizing the strategy for the production of these EVs.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.