Indore, December 7, 2019: The state of Madhya Pradesh has taken yet another significant step towards electrifying mass mobility in the state by inducting over 70 Mahindra Treo range of electric three-wheelers under the Mukhya Mantri Rozgar Yojna. Under this scheme, the Madhya Pradesh government aims at empowering women in the state by increasing their earning potential with Mahindra Treo. The government led by Shri Kamal Nath provides an additional benefit of Rs 55,000 over the central FAME subsidy.
Ashok Sharma, Member of Group Executive Board, Mahindra & Mahindra said, "It is very encouraging that Mahindra’s leap of faith in EVs is helping the nation towards a greener and sustainable future. The massive penetration of electric vehicles in Indore and other cities of Madhya Pradesh will set an example to other states to implement mass-scale public adaption of EVs with Mahindra Treo. We are indebted to the Hon’ble Chief Minsyter of the state under whose vision, today’s unique project is being rolled out".
At the handover ceremony, Arvind Mathew, Director, Mahindra Electric mentioned, "The three-wheeler segment, with its sheer size, has the potential to make a significant contribution to Madhya Pradesh and India’s all-electric mobility vision. The vehicles also give owners and drivers an opportunity to improve their earning potential by 15-20%, a very significant margin. I am confident that the Mahindra Treo range of electric three-wheelers that will not just transform Indore’s last and first mile travel but will also increase the driver’s daily income with its lesser cost of operation. We are also glad to be part of this unique programme for women empowerement".
About Mahindra Treo
Mahindra Treo, India’s first lithium-ion electric three wheeler platform, provides eco-friendly first and last mile mobility. The Treo platform was conceptualised to effectively cater to the needs of both individual customers and aggregators such as fleet owners and institutional buyers, while delivering a superior value proposition.
Both Treo models are available in the industry-first hard top weather proof variants. The use of composite body panel makes the Treo exceptionally light weight and comes with safety-first technologies. The Treo auto boasts an ARAI certified driving range of 170 kilometres and has a typical driving range of 130 km on the Mahindra Treo in full charge. The certified range on the Treo Yaari eRickshaw is 129 kilometres.
Charging a Mahindra Treo or a Treo Yaari is as simple as charging a smartphone. The vehicle comes with a portable charger making it easy to charge anywhere including home very convenient using a regular 15 amp socket. Mahindra Treo's cost of operation is as less as 0.38 paise per kilometre as against Rs 1.30 per kilometre when compared to a CNG auto. This results in increased savings for the customer with an increased earning potential of up to Rs 21,600 every year.
Mahindra Treo and Treo Yaari electric three wheelers use Mahindra Electric’s made-in-India powertrain and maintenance free Lithium-ion battery. Mahindra Electric offers a three years/80,000 kilometres warranty on the entire vehicle.
About Mahindra Electric:
Mahindra Electric, a part of the USD 20.7 billion Mahindra Group is a global pioneer in the development and production of electric vehicles. Mahindra Electric is India’s only EV manufacturer with indigenously developed EV technologies that have won global accolades. The Mahindra Group has one of the most diversified portfolios of electric vehicles with the e2oPlus hatch, the eVerito sedan and the eSupro mini-van and panel vans.
Pushing the limits of technology and innovation, Mahindra has acknowledged the need to redefine mobility at every step. This has led to a vision with a desire to transform; a vision which provides an imagination which is more sustainable and more dependable. Venturing into the paradigm of alternative technology has helped Mahindra enable a clean, green and a smarter tomorrow.
The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, electric vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defence, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries.
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