Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) subsidiary-- Mahindra Electric Mobility (MEML) has launched its new electric 3-wheeler, the e Alfa Cargo. The e Alfa Cargo is attractively priced at Rs 1.44 lakh, ex-showroom Delhi. An e Alfa Cargo owner can save up to Rs 60 000.00 per year in fuel costs when compared with a diesel cargo 3-wheeler. The launch of the e Alfa Cargo marks the entry of Mahindra in the rapidly growing e-cart segment.

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.