Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) subsidiary company -- Mahindra Electric Mobility has launched its new electric three- wheeler 'Treo' in Karnataka at Rs 2.7 lakh post FAME subsidies. The new Mahindra Treo electric auto is now completely designed and developed in India and offers best-in-class performance with higher speed of 55 kmph and better acceleration from 0-20 kmph in just 2.3 seconds.

The Treo is available with a low down payment scheme of just Rs 50,000 from Mahindra Finance and low interest rate scheme of only 10.8 percent from State Bank of India. Mahindra Treo comes with an attractive exchange bonus of Rs 5,000.

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.