Mumbai: Mahindra Electric Mobility Limited (MEML) is now officially merged into its parent company, Mahindra and Mahindra Limited (M&M). The M&M Board had undertaken that MEML would merge into M&M with effect from April 1, 2021, to synergize EV development, manufacturing, and sales operations. The merger process, which has been underway, received the final NCLT approval on January 13, 2023, the company said in a media release.
The Last Mile Mobility (LMM) division of M&M will be responsible for the company’s widely acclaimed mix of petrol, CNG, diesel, and electric 3 and 4-wheelers’ passenger and cargo vehicles. These include the Mahindra Jeeto 4-wheeler, the Alfa range of 3-wheelers, the Zor Grand electric, and the exclusive electric Treo range, the release said.
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