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Lithium completes acquisition of 1000 Mahindra EVs in its fleet

IBEF:  January 10, 2020

According to an announcement, the partnership between Mahindra Electric and Lithium Urban Technologies crossed a milestone of 1000 Mahindra Electric vehicles in the Lithium fleet.

Mr Pawan Goenka, managing director at Mahindra & Mahindra (M&M) said, "Our partnership is aimed at increasing the large-scale adoption of EVs and bringing a positive change in consumers' daily commute."

Mr Sanjay Krishnan, co-founder and chief executive officer at Lithium Urban Technologies said that the company is looking forward to strengthening its partnership with Mahindra and doubling its fleet size in the next two years.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.