Mahindra Last Mile Mobility Limited, a subsidiary of Mahindra and Mahindra Limited, commenced commercial operations in September 2023, pursuant to closing of Asset Transfer Agreement and Business Transfer Agreement with M&M.
International Finance Corporation has completed the first tranche of investment from the total commitment of INR 600 Crore at a valuation of up to INR 6,020 Crore.
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.
Over 70 units of Mahindra Treo delivered to MP government to empower women under Mukhya Mantri Rozgar Yojna
Mahindra Treo range has the potential to increase the driver’s savings by up to Rs 21,600 annually*
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.