Mahindra has announced an electric vehicle manufacturing facility in Pune in the Indian state of Maharashtra and plans to invest the equivalent of Rs. 1.14 billion for the purpose over a period of seven to eight years.
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Mumbai’s transport authority BEST has invited tenders for 1,900 fully electric buses for Mumbai. BEST, with a present fleet of 386 electric buses, plans to complete procuring these additional buses by mid-2023.
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As has been under discussion for a few weeks, the Indian government has now approved subsidies for a total of 5,595 electric buses in 64 cities of the country within the framework of the FAME II support programme.
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The energy arm of India’s steely giant, Tata Power plans to install 100 electric car charging stations in the state of Maharashtra. The charge stops are to support electric vehicle adoption in India and are not the only initiative in the region that is home to Mumbai.
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The energy-focused subsidiary of Indian steel company JSW has made an agreement with the Indian state of Maharashtra to begin construction of a factory to manufacture electric vehicles and batteries there.
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Mahindra has announced that they plan to invest another 9 billion rupees, or about 113 million euros, into the expansion of their EV manufacturing capabilities. Over the next four to five years, output is to increase more than tenfold.
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