Mahindra planning Tesla-like electric sportscar

Mahindra planning Tesla-like electric sportscar

On the lines of Elon Musk-led Tesla, Indian auto major Mahindra & Mahindra is planning to make an electric sports car, to cater to the needs of car lovers in the country.

Dubbing it as the dream of M&M, the company’s managing director Pawan Goenka said while many companies are launching electrics, only one or two have been successful in cracking the volumes game.

Stating that the viability study will take 3-6 months, he told the Economic Times that the company is looking to couple Mahindra Electric’s expertise in electric cars with the design capabilities of Italian Pininfarina which it acquired a year ago

Meanwhile, Rajesh Jejurikar, President and Chief executive, farm equipment & two-wheelers division, said, “M&M is already the No. 1 tractor maker in the world in terms of volume and is present in 30 markets, including the US, Finland, Algeria, Nigeria, Kenya, South Africa, China, Japan and Australia.”

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Author: Research Desk