IFC to invest INR 600 crores at a valuation of up to INR 6,020 crores in new last mile mobility company to be launched by Mahindra & Mahindra Ltd.

Funding to help electrify India’s Last Mile Mobility and boost penetration of electric three-wheelers, supporting India’s climate goals

Mahindra Electric partners with Terrago Logistics for pollution-free last mile delivery

Mumbai, May 4, 2022: Mahindra Electric Mobility Limited (MEML), the No.1* electric 3-wheeler company in India, has partnered with Terrago Logistics, a Delhi-based start-up. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with the online grocery major, Big Basket in three cities and with the leading logistics major, Porter. In the coming months, Mahindra Electric will supply additional EVs to Terrago for its zero-pollution fleet expansion.

Mahindra Electric ends FY’22 as India’s No.1 electric 3-wheeler company

Mumbai, April 28, 2022: Mahindra Electric Mobility Limited, part of the Mahindra Group, has closed the financial year with a market share of 73.4%*, making it the No.1 electric 3-wheeler manufacturer in the country. With a whopping 214% growth from FY’21, Mahindra Electric has one of the largest portfolio of electric 3-wheelers with the Treo auto, Treo Yaari, Treo Zor, e Alfa Mini and e Alfa Cargo to suit the needs of its varied customers. Treo also happens to be the first Li-ion electric 3-wheeler platform to cross 18000+ sales since launch.

Mahindra enters the e-cart segment with the launch of e Alfa Cargo

e Alfa Cargo priced at ₹ 1.44 Lakh, ex-showroom Delhi, offers big savings of ₹ 60,000.00

Mahindra launches Treo electric auto at NPR 8,400,00

India’s highest selling Lithium-ion electric auto now in Nepal

Kathmandu/Mumbai, October 26, 2021: Mahindra Electric Mobility Limited, part of the Mahindra Group, has launched a Lithium-ion-powered electric three-wheeler auto called Treo in Nepal. The Mahindra Treo Auto ‘Soft Top’ variant has been introduced at the price of NPR 8,40,000, ex-showroom.

Mahindra Treo Zor electric last mile delivery vehicle crosses 1,000 sales milestone

Attains leadership position in its segment in just 6 months of launch

Amazon India partners with Mahindra Electric to help fulfil its commitment towards electric mobility

National, February 23, 2021: Amazon India today announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country.

Mahindra launches New Treo Zor Electric 3-Wheeler Cargo

Set to Redefine Last Mile Delivery

Mahindra Electric Launches New Brand Identity