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India

Mahindra, India launches UDO electric three-wheeler for INR 384 thousand

On February 12, Mahindra Last Mile Mobility Limited launched its new L5M electric auto-rickshaw, Mahindra UDO, for INR 384,299. It is built at Mahindra’s Zaheerabad plant, which has a stated capacity of 160,000 units across two shifts and currently operates at about 90,000 units. UDO is backed by an INR 2.18 billion ....

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