Home News Mahindra Electric eyes 3-fold jump in EV sales, partners Zoomcar

Mahindra Electric eyes 3-fold jump in EV sales, partners Zoomcar

Mahindra Electric eyes 3-fold jump in EV sales, partners Zoomcar

Mahindra Electric expects its electric vehicle sales to jump three-fold this year as it focuses on offering mobility solutions, including partnering with rental firms and cab aggregators. The company on Monday announced a partnership with Zoomcar, a self-driven car-rental firm, to promote shared mobility of electric cars in India. “Last year, our focus was to launch new products and this year our focus would be to create mobility solutions with these products, on fleet, retail and shared mobility platform,” Mahindra Electric CEO Mahesh Babu said. The company launched its small electric car e2oPlus, sedan eVerito and passenger and cargo electric vehicle eSupro and sold over 1,100 units last year.

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Last updated: March 20, 2024
by and Alex Morrell is a senior correspondent at Business Insider covering Wall Street at large.

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