Due to the plan of automobile company Mahindra & Mahindra (M&M), the difficulties of other automobile companies including Hyundai, Maruti, Tata are going to increase in the coming days. In fact, Mahindra is likely to invest at least 3 000 crores for electric vehicles (EV) development in the next three years. The company is working on expanding its portfolio in the electric vehicle market in India. With this, it is to launch its first EV SUV, XUV 400, in the first 6 months of the next financial year. Mahindra recently released a teaser video showing the three EV SUVs under its 'Born Electric Vision' which is slated to be unveiled in July this year. The source said on condition of anonymity that “the company plans to invest ₹3,000- ₹5,000 crore on electric vehicles over the next three years. The ratio of this money on EV and ICE vehicles will be 50:50. , The company will launch 8 new electric vehicles Sometime back Mahindra had announced that it would introd...