M&M revamps EV business, to have separate verticals for last mile and personal EVs
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Synopsis
The last mile mobility division will be headed by Mahesh Babu, whereas the EV Tech Centre division will be headed by Pankaj Sonalkar and both these CXOs will report into Rajesh Jejurikar. The detailed organization structure will evolve over the next four weeks, said an internal circular.
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It is a significant departure for M&M from its core of diesel engine to petrol and electric vehicles in line with the shift in marketplace. (Representational image)
At a time when global majors are making a complete shift towards electrification, Mahindra & Mahindra, the maker of Scorpio and XUV sports utility vehicles, is doubling down on its future electrification strategy.
Synopsis
Under the partnership, Amazon India has deployed close to hundred Mahindra Treo Zor EVs in seven major cities, the companies said in a joint statement. The cities where the electric three-wheeler, Mahindra Treo Zor have been deployed so far include Bengaluru, New Delhi, Hyderabad, Ahmedabad, Bhopal, Indore and Lucknow.
Amazon India and Mahindra Electric on Tuesday announced a partnership under which the e-commerce major has deployed the latter s electric vehicles in its delivery network as part of a commitment towards strengthening electric mobility in the country. Under the partnership, Amazon India has deployed close to hundred Mahindra Treo Zor EVs in seven major cities, the companies said in a joint statement.