Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3144.10
14.95 (0.48%)
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Mahindra & Mahindra’s arm ends FY22 as India’s No.1 electric 3-wheeler company

Date: 28-04-2022

Mahindra & Mahindra’s (M&M) subsidiary company -- Mahindra Electric Mobility has closed the financial year with a market share of 73.4%, making it the No.1 electric 3-wheeler manufacturer in the country. With a whopping 214% growth from FY21, Mahindra Electric has one of the largest portfolio of electric 3-wheelers with the Treo auto, Treo Yaari, Treo Zor, e Alfa Mini and e Alfa Cargo to suit the needs of its varied customers. Treo also happens to be the first Li-ion electric 3-wheeler platform to cross 18000+ sales since launch.

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.