Mahindra & Mahindra scouts for a site to build a new electric SUV factory.

Mahindra & Mahindra (M&M) Ltd. is in the process of identifying a new location to establish a full-fledged manufacturing unit for electric SUVs as the leading auto manufacturer has set an ambitious target of selling a little less than a third of its SUVs in electric format - about 2 lakh units - by 2027.

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