{"id":407416,"date":"2021-03-27T08:38:20","date_gmt":"2021-03-27T03:08:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407416"},"modified":"2021-03-27T09:02:17","modified_gmt":"2021-03-27T03:32:17","slug":"mahindra-merges-ev-business-with-itself-for-simplifying-business-structure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mahindra-merges-ev-business-with-itself-for-simplifying-business-structure\/","title":{"rendered":"Mahindra merges EV business with itself for simplifying business structure"},"content":{"rendered":"<p>Mahindra and Mahindra\u2019s Board of Directors has granted an in-principle approval for consolidating Mahindra Electric Mobility Limited, a step- down subsidiary into the company.<\/p>\n<p>The company said the move will help simplifying the structure and drive improvements through innovation, execution excellence, efficiencies and economies of scale. M&amp;M said in a statement. It will unlock shareholder value, too. <\/p>\n<p>The consolidation would categorize electric vehicle (EV) operations in two focused verticals: Last Mile Mobility (LMM) and Electric Vehicle Tech Centre. LMM vertical will have complete ownership of value chain for last mile mobility solutions to drive growth and execution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahindra and Mahindra\u2019s Board of Directors has granted an in-principle approval for consolidating Mahindra Electric Mobility Limited, a step- down subsidiary into the company. The company said the move will help simplifying the structure and drive improvements through innovation, execution excellence, efficiencies and economies of scale. M&amp;M said in a statement. It will unlock shareholder value, too. The consolidation would categorize electric vehicle (EV) operations in two focused verticals: Last Mile Mobility (LMM) and Electric Vehicle Tech Centre. LMM vertical will have complete ownership of value chain for last mile mobility solutions to drive growth and execution.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-407416","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=407416"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407416\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}