iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Mahindra Electric launches all-new cargo electric three-wheeler ‘Zor Grand'; stock zooms ~2.5%

30 Aug 2022 , 12:19 PM

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

The premium Mahindra model is reasonably priced, beginning at Rs3.60 lakh ex-showroom Bangalore.

Mahindra has over 12000 Zor Grand reservations through strategic Memorandums of Understanding with major logistics businesses like as Mahindra Logistics, Magenta EV Solutions, MoEVing, EVnow, Yelo EV, Zyngo, and others.

This unflinching faith in the Mahindra Zor Grand is the result of strong in-house expertise in battery, motor, and telematics, as well as rigorous validation and experience putting more than 50000 3-wheeler EVs on the road.

The technologically sophisticated Zor Grand has the NEMO-connected vehicle platform for fleet administration and improved operating efficiency, as well as an all-digital instrument cluster that displays the State of Charge (SoC), range, speedometer, battery health indicator, and warning lights.

The battery has a warranty of 5 years/150000 kilometres.

Mahindra Zor Grand comes with best-in-industry power of 12 kW, Gradeability of 11.5 degrees, and a 50 Nm Torque.

At around 12.17 PM, Mahindra & Mahindra was trading at Rs1,307.45 apiece, up by 2.4% from its previous closing of Rs1,276.85 on the BSE. The scrip touched intraday high and low of Rs1,309.50 and Rs1,283 respectively.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Mahindra & Mahindra Launch
  • Mahindra & Mahindra news
  • Mahindra & Mahindra Stock
  • Mahindra & Mahindra Updates
  • Mahindra Electric News
  • Mahindra Electric Zor Grand
  • Zor Grand
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Indices end the day in red
21 Jun 2024|07:00 PM
Zepto raises $665 million
21 Jun 2024|07:01 PM
Market Update: Nifty and Sensex Dip
21 Jun 2024|01:47 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.