Mahindra Electric announces partnership with Terrago Logistics to achieve its carbon-neutral goals
Mahindra Electric Mobility announced a partnership with Terrago Logistics, a city-based startup, on Wednesday, as per PTI reported.
Mahindra Electric Mobility announced a partnership with Terrago Logistics, a city-based startup, on Wednesday, as per PTI reported.
Terrago operates a fleet of 65 Mahindra Treo Zor cargo vehicles in three cities with online grocery major Big Basket and leading logistics company Porter.
According to PTI, Terrago will receive additional electric vehicles from Mahindra Electric in the coming months as part of its zero-pollution fleet expansion.
"Terrago has been one of the early adopters of our Mahindra Treo Zor electric three-wheelers. The higher savings and zero tailpipe emission of the Treo Zor make it favourable for companies seeking efficient and sustainable modes of transportation for last mile delivery," Mahindra Electric Mobility CEO Suman Mishra said in a statement.
He noted that the firm believes the alliance would not only help it achieve its carbon-neutral goals, but will also pave the way for others to adopt electric mobility, said PTI.
"Terrago's association with Mahindra to accelerate electric vehicle penetration, helps fulfil our social responsibility towards the nation of reducing the carbon footprint in the country in our own small way," Terrago Logistics co-founder Mohan Ramaswamy stated.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
05:48 PM IST