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Mahindra & Mahindra (M&M) foresees developing electric vehicle (EV) only platforms in the long term although it will continue to leverage on its internal combustion engine vehicle platforms to develop EVs in the short term, according to a top company official. While the company is not betting big on personal use of EVs, according to Managing Director Pawan Goenka, M&M is looking to bring an electric car based on a platform of Ford with which it has an agreement to develop products jointly to add to its portfolio. "In the short run we are converting our current vehicles to EVs. So we already have e-Verito and we will be launching e-KUV in about six months time and one year after that we will launch electric XUV300," Goenka told PTI here on the sidelines of the Geneva Motor Show. He further said,"post that, we are looking at doing platform ground up for electric vehicles." The difficulty of doing an EV only platform, Goenka said, "is that a new platform costs a lot of money .