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Mahindra Last Mile Mobility Ltd. valued up to INR 6,020 crore by International Finance Corporation, receives 1st tranche of investment
- 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.
India’s No.1* e-3 wheeler manufacturer, Mahindra, launches new e-Alfa super rickshaw with higher range
- India’s No.1* 3-wheeler EV brand with unmatched trust: Trusted by over 50000 e-Alfa customers.
- Improved range of 20% for enhanced earnings: 95+ kilometre on a single charge.
- Extensive charging ecosystem: Equipped with a higher capacity 18 A charger and access to 10000+ charging stations nationwide.
- Comprehensive warranty: One-year vehicle warranty and 18-month battery warranty.
- Largest service network: Over 1100 Mahindra touchpoints across India for excellent customer support.
- Free INR 10 Lakh accidental insurance for driver: Ensuring safety and
Mahindra Last Mile Mobility is India’s No.1* electric 3-wheeler manufacturer in FY’23
LMM has also sold a whopping one lakh 3-wheeler EVs till now thereby strengthening its No.1* 3-wheeler EV manufacturer position.
Mahindra and Mahindra welcomes SOP layout by Govt for PLI-Auto Scheme
Electric 3-wheelers are one of the leading contributors in automobile electrification in the country
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’s Electric 3 Wheeler range - Treo and Treo Yaari champions Madhya Pradesh's transformation towards electric mobility
- 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.
Mahindra Electric and SmartE enter into Strategic Partnership to transform last mile connectivity in India
Set to introduce first 1,000 Treo range of Electric Three Wheelers in Delhi-NCR by March 2019 to drive clean, shared and affordable mobility
Mahindra Signs MoU with Thane Municipal Corporation to Provide End to End Last Mile Mobility Solutions
- To provide end-to-end last mile mobility solutions through deployment of Mahindra’s Electric Vehicles in Thane
- 100 Mahindra Electric Vehicles including Treo (electric 3-wheeler) and e-Supro (electric passenger vehicle), etc.
Mahindra extends boundaries of Electric Mobility industry with +ME, Inaugurates new technology plant and launches Treo
- Facility in Karnataka to manufacture Electric Vehicle Technology, developed under +ME brand
- Based on Mahindra’s Future of Mobility theme based on 3Cs – Clean, Connected & Convenient
- Rolls out its first electric 3 wheeler range Treo and Treo Yaari, to be priced attractively, starting at Rs.
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