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Showing Result for Tag #Mahindra Last Mile Mobility Limited
Mahindra Last Mile Mobility Limited and Ecofy partner to drive sustainable change with innovative EV three-wheeler financing
Plans to finance 10000 units to drive growth in the EV 3W sector
India’s No.1* electric auto, Mahindra Treo Plus, launched with a metal body
- More than 50000 Treos on the road – India’s most loved EV auto
- Approximately 52%* market share in L5M EV category
- 1.10 Billion kilometre covered and 18500 metric tonne of CO2 saved
- 5 year/120000 km standard warranty
- Durability strengthened with a new metal body
- Priced attractively at ₹ 3.58 Lakh for the new variant.
NIIF’s India-Japan fund to invest INR 400 Crore at a valuation of up to INR 6600 Crore in Mahindra Last Mile Mobility Limited
Mumbai, January 11, 2024: Mahindra & Mahindra Ltd. (“M&M”), a leader in automotive, farm and services businesses, and India-Japan Fund (“IJF”), a fund managed by National Investment and Infrastructure Fund Limited (“NIIF”) have executed a binding agreement for IJF to invest INR 400 Crore in Mahindra Last Mile Mobility Limited (“MLMML”), which houses M&M’s last-mile mobility business including three wheelers (Alfa, Treo, Zor) and four-wheeler SCV (Jeeto) brands.
Mahindra launches new Jeeto Strong with enhanced payload capacity and best-in-segment mileage
- A higher payload capacity of 815 kg in diesel and 750 kg in CNG – up by 100 kg.
- Jeeto Strong offers a best-in-segment mileage of 32.00 km/l in diesel and 35.00 km/kg in CNG.
- Attractive price of INR 5.28 Lakh for diesel and INR 5.55 Lakh for CNG, ex-showroom Pune.
Mahindra Last Mile Mobility Ltd. valued up to INR 6,020 crore by International Finance Corporation, receives 1st tranche of investment
- Mahindra Last Mile Mobility Limited, a subsidiary of Mahindra and Mahindra Limited, commenced commercial operations in September 2023, pursuant to closing of Asset Transfer Agreement and Business Transfer Agreement with M&M.
- International Finance Corporation has completed the first tranche of investment from the total commitment of INR 600 Crore at a valuation of up to INR 6,020 Crore.
New Delhi, April 12, 2024: Mahindra Last Mile Mobility Limited (MLMML), India's No.1* electric 3-wheeler company, proudly unveils its latest e-auto, the Treo Plus with a metal body.
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