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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
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