Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3083.50
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M&M’s arm launches Treo electric three-wheeler in two variants

Date: 26-09-2019

Mahindra Electric, the electric vehicle arm of Mahindra & Mahindra (M&M), has launched the Treo electric three-wheeler in two variants - Treo and Treo Yaari, in Kerala.

Treo is priced at Rs 2,60,383 (ex-showroom) but with FAME II subsidy of Rs 65,095 and the additional state subsidy of Rs 30,000, the net on-road price is Rs 2,43,252. Treo Yaari is priced at Rs 1,65,552 (ex-showroom) and with Rs 37,000 of FAME II subsidy and Rs 30,000 of state subsidy, the net on-road price is Rs 1,62,633.

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.