Mahindra & Mahindra Ltd.
BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3120.45
36.95 (1.20%) M&M’s arm, SmartE partner to deploy 10,000 electric three-wheelers by 2020
Date: 13-12-2018Mahindra & Mahindra’s (M&M) subsidiary -- Mahindra Electric and SmartE have entered into partnership with plans to deploy 10,000 electric three-wheelers across the country by 2020. Under the partnership, SmartE will introduce 1,000 Mahindra Treo and Treo Yaari electric three-wheelers in Delhi-NCR by March 2019 with an aim of transforming last mile connectivity.
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.