{"id":12635,"date":"2022-12-15T06:24:29","date_gmt":"2022-12-15T06:24:29","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=12635"},"modified":"2023-01-24T09:41:38","modified_gmt":"2023-01-24T09:41:38","slug":"mm-approves-rs-10000-crore-to-boost-ev-manufacturing-goal","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/mm-approves-rs-10000-crore-to-boost-ev-manufacturing-goal\/","title":{"rendered":"M&#038;M approves Rs 10,000-crore to boost EV manufacturing goal"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/12635?pdf=12635\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/12\/EV.jpg\" \/><\/p>\n<p>Automaker Mahindra &amp; Mahindra said that it has approved an investment of Rs 10,000 crore for the construction of an electric vehicle manufacturing facility in Maharashtra, which will be funded by the state&#8217;s industrial promotion programme for EVs.<\/p>\n<p>The business, which debuted its future Born Electric Vehicles (BEVs) in Oxfordshire on August 15, will invest roughly Rs 10,000 crore through a subsidiary over the course of seven to eight years to set up the manufacturing plant and to further the research and manufacture of these vehicles.<\/p>\n<p>The proposed vehicles for production at the facility would comprise e-SUVs under the XUV brand as well as an entirely new electric-only brand known as BE. They will be built on M&amp;M&#8217;s INGLO EV platform.<\/p>\n<p>Rajesh Jejurikar, Executive Director, Auto &amp; Farm Sectors at M&amp;M, in a media released said the company is \u201cdelighted\u201d with the state\u2019s approval to set up the plant in Pune and \u201cinvesting in their home state of 70 years\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Automaker Mahindra &amp; Mahindra said that it has approved an investment of Rs 10,000 crore for the construction of an electric vehicle manufacturing facility in Maharashtra, which will be funded&#8230; <\/p>\n","protected":false},"author":1,"featured_media":12636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[381],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/12\/EV.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/12635"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=12635"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/12635\/revisions"}],"predecessor-version":[{"id":12637,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/12635\/revisions\/12637"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/12636"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=12635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=12635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=12635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}