Mahindra Electric And Startup Terrago Logistics Aims To Accelerate Last Mile Delivery
Mahindra Electric Mobility Limited (MEML) ranks as the market leader for electric 3-wheelers in India. It has partnered with Terrago Logistics, which is a Delhi-based start-up. Terrago currently has a fleet of 65 Mahindra Treo Zor cargo vehicles deployed with online grocery major, Big Basket in 3 cities and leading logistics major, Porter. In the coming months, Mahindra Electric will supply additional Electric Vehicles (EVs) to Terrago for its zero-pollution fleet expansion.
The Mahindra Treo Zor 3-wheeler cargo was introduced in India in 2020 and features a wide range of applications depending on the body type. With a superlative power of 8 kW and high torque of 42 Nm, the Zor is built on the proven Treo platform and comes with the highest-in-class payload of 550 kg.
Till date, Mahindra has sold over 18,000 Treo 3-wheelers across the passenger and the cargo segment and has a 73.4% market share in the electric 3-wheeler segment. The Treo is also exported to the UK and Nepal markets. With the Treo Zor, customers can save more than 5 Lakh in fuel cost in 5 years, as compared to diesel cargo 3-wheelers.
Suman Mishra, CEO, Mahindra Electric Mobility Limited said, “Terrago has been one of the early adopters of our Mahindra Treo Zor electric 3-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. We believe this partnership will not only accelerate our carbon neutral goals but also lay the foundation for others to adopt electric mobility.”
Terrago Logistics is a phygital company that provides end-to-end logistics solutions in multi-modal transport, warehousing and last mile delivery through electric vehicles to the F&B, consumer goods, industrial goods, paper and packaging industries.
Mohan Ramaswamy, Co-founder, Terrago Logistics said, “We take pride in being one of the pioneers in India in adopting electric 3- wheelers for last mile cargo mobility with Mahindra Treo Zor, and ensure clean mobility for deliveries, thereby positively impacting the pulse of city logistics. Terrago’s association with Mahindra to accelerate electric vehicle penetration helps fulfill our social responsibility towards the nation of reducing the carbon footprint in the country in our own small way.”
Recently, this May Mahindra Electric Mobility Limited’s (MEML) divisions - Last Mile Mobility (LMM) and EV Technology Centre (EVTEC) purchased a new office in the technology hub of India with the office address as Velankani Tech Park 43, Hosur Road, Electronic City, Phase 1, Bengaluru.
This new office is in line with MEML’s expansion strategy and creating an exciting workspace for its employees. This office has a seating capacity of more than 500 employees and will house the entire workforce of EVTEC and certain functions of LMM.
Moving towards the revival and survival of the pandemic, Mahindra Electric’s employees have started work-from-office from 1 April 2022. The necessary Covid 19 protocols have been followed. This Velankani premise is spacious and has up-to-date infrastructure that is eco-friendly, and a self-sufficient campus, strategically located in the technology hub of the city. This must be boosting employee morale and accelerating Mahindra Electric’s vision to redefine last mile mobility by developing cutting-edge EV technologies, as of now Mahindra Electric stands tall and first in India’s electric3-wheeler segment.
Suman Mishra, CEO, Mahindra Electric Mobility Limited said, “Workplace plays a crucial role in enhancing employee performance. This green campus will infuse a new energy in our employees who are now returning to the work-from-office format.” Mahindra Electric will continue to have a fully functional office at Kandivali, Mumbai. The Innovation Centre as well as the Bommasandra plant staff will continue to operate from their respective locations in Bengaluru.
Mahindra Electric is a part of the Mahindra Group which is a global pioneer in the development and production of electric vehicles. Mahindra Electric is India’s only EV manufacturer with indigenously developed EV technologies that have won global accolades. Over the years, Mahindra Electric has developed one of the most diversified portfolios of electric vehicles with the e2o Plus hatch, the Treo range of 3-wheelers and the electrified eVerito sedan for the passenger & the commercial segment. Venturing into the paradigm of alternative technology has helped Mahindra Electric enable a clean, green and and smarter tomorrow for India.
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with 2, 60,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. It has a clear focus on leading Environmental, Social and Corporate Governance (ESG) globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to rise.