43.90 (1.42%) Mahindra & Mahindra (M&M), the country’s largest utility vehicle maker is reportedly planning to create the world’s first hybrid technology that can be used in vehicles with manual transmission and enhance fuel efficiency by almost 20%.
In this regard, the company has established a place for itself in green technologies with close to four lakh so-called micro-hybrid vehicles on Indian roads. The company will debut its hybrids at February’s Indian Motor Show.
The company is already having the world’s largest electric car company by production capacity, Mahindra Reva, which sells the E2O hatchback, the world’s most affordable four-seater car that only uses battery power to run.
Mahindra & Mahindra (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.