Mahindra Electric Launches All-New ‘Zor Grand’ Three-Wheeled Electric Freighter; stock market zooms ~ 2.5%

Mahindra Electric Mobility Limited (MEML), a subsidiary of the Mahindra Group, has unveiled the ‘Zor Grand’, an all-new cargo electric three-wheeler.

The top-end Mahindra model is reasonably priced, starting at Rs3.60 lakh ex-showroom Bangalore.

Mahindra has over 12,000 Zor Grand reservations through strategic MoUs with major logistics companies such as Mahindra Logistics, Magenta EV Solutions, MoEVing, EVnow, Yelo EV, Zyngo and others.

This unwavering confidence in the Mahindra Zor Grand is the result of strong in-house battery, motor and telematics expertise, as well as rigorous validation and experience putting over 50,000 3-wheel electric vehicles on the road.

The technologically sophisticated Zor Grand features the NEMO Connected Vehicle Platform for fleet administration and improved operational efficiency, as well as a fully digital dashboard that displays charging status ( SoC), range, speedometer, battery health indicator and warning lights. .

The battery has a 5 year/150,000 kilometer warranty.

Mahindra Zor Grand comes with industry leading power of 12kW, 11.5 degree slope and 50Nm torque.

At around 12:17 p.m., Mahindra & Mahindra was trading at 1,307.45 rupees each, up 2.4% from its previous close of 1,276.85 rupees on BSE. The certificate touched the intraday high and low of Rs1,309.50 and Rs1,283 respectively.

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