Mahindra & Mahindra, SsangYong to develop electric SUVs by 2020

Indian automaker Mahindra & Mahindra Ltd and its Korean unit SsangYong Motor Co plan to jointly develop a platform to manufacture electric sport-utility vehicles (SUV) by 2020, the companies said on Tuesday. "We are now very diligently cooperating with Mahindra to develop the new generation of electric vehicles," Choi Johng-sik, Chief Executive, SsangYong, told reporters in Mumbai.

Choi said the companies are currently finalising the product and expect to have a "competent" vehicle by 2020. This initiative.

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