Mahindra Electric Mobility has closed the monetary yr with a market share of 73.4%, and with a 214% development from FY’21.
Mahindra Electric Mobility has closed the monetary yr with a market share of 73.4%, making it the main electrical 3-wheeler producer within the nation. With a 214% development from FY’21, Mahindra Electric has one of many largest portfolios of electrical 3-wheelers with the Treo auto, Treo Yaari, Treo Zor, e Alfa Mini and e Alfa Cargo to go well with the wants of its diversified prospects. Treo additionally occurs to be the primary Li-ion electrical 3-wheeler platform to cross 18000+ gross sales since launch.
Mahindra’s last-mile merchandise have cumulatively travelled greater than 427 million kilometres and saved greater than 42835 metric tonnes of CO2.
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Suman Mishra, CEO of Mahindra Electric Mobility Limited mentioned, “I am delighted that over this past year, we have significantly expanded our EV footprint while reducing pollution (that would otherwise have needed 20 Lakh trees to be planted) and contributed to the Government’s vision of sustainable development. I would like to share this success with our stakeholders and expect to maintain this momentum in FY’23 through a range of exciting products and solutions in the last mile mobility space.”
The Treo auto is the top-selling electrical 3-wheeler within the passenger class with a market share of 70.4% whereas the Treo Zor leads the cargo phase with a 52.1%* market share.
Source: www.financialexpress.com”