Mahindra & Mahindra Ltd.

Mahindra Group and Hero Electric have entered into strategic partnership in electric mobility. The strategic partnership will create multiple synergies to help drive adoption across the country.

As part of the partnership, Mahindra Group will manufacture Hero Electric’s most popular electric bikes-Optima & NYX at their Pitampur plant to meet the growing demands of the market. With this collaboration along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet its demand of manufacturing over 1 million EVs per year by 2022. This will further enable them to drive adoption of a cleaner mode of transport.

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.