13.35 (0.43%) Mahindra & Mahindra’s (M&M) subsidiary company -- Mahindra Electric Mobility has tied up with the city-based startup Terrago Logistics. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with online grocery major Big Basket in three cities and leading logistics major, Porter.
In the coming months, Mahindra Electric will supply additional EVs to Terrago for its zero-pollution fleet expansion. The company believes the partnership will not only accelerate its carbon neutral goals but also lay the foundation for others to adopt electric mobility.
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.