Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is planning for electrification of some of the models of its South Korean arm SsangYong Motor. The company, which already sells electric vehicles like e-Verito and e2o, is also working to develop electric three- wheelers using lithium ion battery.

Mahindra Electric, the manufacturer of electric vehicles of the diversified $17.8 billion Mahindra Group, will play a key role in electrification of existing products such as e- Verito and e-Supro for Mahindra’s auto division.

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.