• Edit
DateInvestorsAmountRound

$20.0m

Late VC

$24.0m

Series B
N/A

$1.0m

Series B

N/A

Acquisition
*

$73.0m

Convertible
Total FundingAUD182m

Recent News about Mahindra REVA

Edit
More about Mahindra REVAinfo icon
Edit

Mahindra Electric Mobility, a subsidiary of the Mahindra Group, is a leading player in the electric vehicle (EV) market in India. The company is dedicated to pioneering electric mobility solutions, offering a range of electric vehicles designed for both personal and commercial use. Mahindra Electric serves eco-conscious consumers and businesses looking to reduce their carbon footprint and embrace sustainable transportation options.

The company operates in the burgeoning Indian EV market, which is driven by increasing environmental awareness, government incentives, and a growing demand for cleaner transportation alternatives. Mahindra Electric's product lineup includes electric sedans like the eVerito, compact city cars such as the e2oPlus, and electric three-wheelers like the Treo and Treo Yaari. These vehicles cater to a diverse clientele, from individual urban commuters to businesses requiring efficient last-mile connectivity solutions.

Mahindra Electric's business model revolves around the design, manufacture, and sale of electric vehicles. The company generates revenue through direct sales of its EVs, as well as offering flexible financing and leasing options to make electric mobility more accessible. Additionally, Mahindra Electric provides after-sales services, including 24/7 customer support and maintenance packages, ensuring a seamless ownership experience for its customers.

The company also focuses on continuous innovation, with a dedicated innovation center that works on developing new technologies and improving existing ones. This commitment to innovation helps Mahindra Electric stay ahead in a competitive market and meet the evolving needs of its customers.

In summary, Mahindra Electric Mobility is at the forefront of India's transition to electric mobility, offering a range of vehicles that combine sustainability, efficiency, and affordability. The company's comprehensive approach, from product development to customer support, positions it as a key player in the Indian EV market.

Keywords: Electric Vehicles, India, Mahindra, eVerito, e2oPlus, Treo, Sustainability, Innovation, Last-Mile Connectivity, Eco-Friendly.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.