Mahindra Signs MoU With Thane Municipal Corporation To Provide End To End Last Mile Mobility Solutions
Mahindra & Mahindra (M&M), a part of the $20.7-billion Mahindra Group, signed a Memorandum of Understanding (MoU) with the Thane Municipal Corporation (TMC) to provide end-to-end last-mile mobility solutions. This would be done through the deployment of Mahindra’s electric vehicles for first and last mile connectivity across Thane, including its recently launched electric three-wheeler, Treo, as well as the mass passenger carrier, e-Supro, etc. In the initial phase of the project, Mahindra will deploy 100 electric vehicles and the partnership would be active for a period of 5 years.
With a clear focus on building a full-fledged ecosystem around sustainable mobility, Mahindra and the Thane Municipal Corporation will jointly work toward building sustainable transportation for all, supported by the Eco-Cities Program of the International Finance Corporation (IFC). The MoU was signed between Mahindra & Mahindra Ltd and the Thane Municipal Corporation.