Two months ago, Anand Mahindra , chairman of M&M and India's maverick entrepreneur who is constantly testing boundaries, goaded Elon Musk on Twitter. The more the merrier — and greener.” Musk tweeted back, "Good point :-)"Why would Mahindra, the sole electric-car manufacturer in the country, would want a rival, as big as Tesla? Mahindra thinks he can be an electric vehicle (EV) leader without having to copy Tesla. The Indian government's 13-year deadline to turn all-electric is charging up Mahindra Electric. It announced the setting up of a new facility to make battery packs to power e-vehicles.

Source: Economic Times August 05, 2017 12:13 UTC