Mahindra Electric expects to reach capacity in 2017

Developing electric vehicle for personal aspirational segment

Mahindra Electric, part of the $17.8 billion Mahindra Group, is expecting its manufacturing plant in Karnataka to reach its capacity of 5,000 units this year. The development comes against the backdrop of the company launching four new vehicles last year.

Speaking on the sidelines of the launch of a new electric city smart car e2oPlus in Chennai, Mahesh Babu, chief executive officer, Mahindra Electric, said the company had the capacity to produce 2,000 vehicles last year and had increased the capacity to 5,000 vehicles recently.

“We are expecting we will reach the capacity this year,” said Babu, who