Mahindra Final Mile Mobility to introduce e-ZEO, an electrical four-wheeler on October 3

Mahindra Final Mile Mobility Restricted (MLMML) introduced at present its plans to introduce a brand new electrical four-wheeler known as ‘e-ZEO’ on October 3, 2024. The car, whose identify stands for “Zero Emission Possibility,” goals to compete within the ICE-dominated sub-two-tonne small business car (SCV) class.

The shares of Mahindra & Mahindra Ltd. had been buying and selling at ₹2,701.85 up by ₹3.75 or 0.14 per cent on the NSE at present at 10.35 am.

MLMML, a subsidiary of Mahindra & Mahindra Ltd. and India’s main electrical business car producer, revealed the identify on World EV Day. The e-ZEO will function a high-voltage structure, promising superior vitality effectivity, greater vary, and quicker charging instances.

Suman Mishra, MD & CEO of MLMML mentioned, “Having led the cost within the final mile electrical three-wheeler car area, it offers us immense pleasure to disclose the model identify of our four-wheeler, ‘e-ZEO’, on World EV Day. This identify resonates deeply with our goal and aligns with world efforts to speed up EV adoption, significantly within the sub-two-tonne class. Backed by the Mahindra belief, the ‘e-ZEO’ is poised to reshape city logistics and drive prosperity for our prospects.”

This launch marks MLMML’s enlargement from its present choices of electrical three-wheelers into the four-wheeler business EV market. The transfer is a part of Mahindra Group’s broader technique to guide in ESG and improve each rural prosperity and concrete dwelling.