M&M ties up with Magenta on EVs

Mahindra & Mahindra (M&M) on Thursday said it has partnered with clean energy solutions provider Magenta to deploy its Treo Zor electric cargo vehicles in Bengaluru for last-mile delivery of both essential and non-essential goods.

Under the partnership, Magenta will deploy a hundred Mahindra Treo Zor electric three-wheelers, which will be inducted into its delivery fleet of the new e-mobility Electric Vehicle Enabled Transport (EVET) platform, the company said in a statement. "This partnership with Magenta seamlessly connects the entire EV ecosystem and will help in streamlining the last-mile delivery segment. With Magenta, we are eager to transform the last mile deliveries in more cities," Mahindra Electric Mobility CEO Mahesh Babu said. Mahindra Treo Zor has already travelled more than 1.82 million km on the Indian roads, he said adding,"the connected EV technology on the Treo Zor has attracted many new age startups, e-commerce players given its attractive customer value proposition and environmental benefits."