Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3092.85
-66.50 (-2.10%) M&M to focus more on electric vehicles
Date: 03-09-2015Mahindra & Mahindra (M&M) is planning to focus more on electric vehicles than on hybrid ones. In this regard, the utility vehicle major is running some tests for electric vehicles, apart from the e2O that it has been selling after acquiring Reva Electric.
The company has sent five Maxximo electric vehicles to be operated around the Taj Mahal. It will be ready with the Verito electric vehicle to be launched in a few markets soon.
Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.