36.95 (1.20%) Mahindra & Mahindra’s (M&M) owned -- Mahindra Racing has launched M5 Electro race car in India, ahead of the fifth season of the 2018-19 ABB FIA Formula E Championship.
M5 Electro is based on generation two of the Formula-E race-car, featuring cutting-edge EV powertrain technology. It will be able to touch 100km/hour in just 2.8 seconds and go on to a top speed of 280 km/hour.
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.