Mahindra CEO says EVs to form 30% of product portfolio by 2030

“For Mahindra, we plan to get to at least 20% to 30% adoption in the next three to five years,” Anish Shah, group chief executive officer and managing director at Mahindra said in a Bloomberg Television interview at Davos on Monday. Presently, electric vehicles account for 5% of the company’s offerings.

Jan 21, 2025 - 20:14
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Mahindra CEO says EVs to form 30% of product portfolio by 2030
“For Mahindra, we plan to get to at least 20% to 30% adoption in the next three to five years,” Anish Shah, group chief executive officer and managing director at Mahindra said in a Bloomberg Television interview at Davos on Monday. Presently, electric vehicles account for 5% of the company’s offerings.