{"id":407681,"date":"2021-03-30T08:50:47","date_gmt":"2021-03-30T03:20:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407681"},"modified":"2021-03-30T09:30:10","modified_gmt":"2021-03-30T04:00:10","slug":"mahindra-electric-mobility-to-consolidate-with-parent-mm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mahindra-electric-mobility-to-consolidate-with-parent-mm\/","title":{"rendered":"Mahindra Electric Mobility to consolidate with parent M&amp;M"},"content":{"rendered":"<p>The board of directors at Mahindra &amp; Mahindra Ltd has given in-principle approval for consolidation of Mahindra Electric Mobility in the company.<\/p>\n<p>Mahindra Electricity Mobility is a step-down subsidiary of M &amp; M. The consolidation will categorise EV operations in two focused verticals &#8212; last mile mobility (LMM) and electric vehicle tech centre. <\/p>\n<p>&#8220;Simplifying the structure will drive improvements through innovation, execution excellence, efficiencies and economies of scale,&#8221; M &amp; M said in a statement. &#8220;Additionally, it will unlock shareholder value.&#8221;<\/p>\n<p>The initiative will provide LMM vertical with complete ownership of the value chain for last-mile mobility solutions to drive growth and execution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of directors at Mahindra &amp; Mahindra Ltd has given in-principle approval for consolidation of Mahindra Electric Mobility in the company. Mahindra Electricity Mobility is a step-down subsidiary of M &amp; M. The consolidation will categorise EV operations in two focused verticals &#8212; last mile mobility (LMM) and electric vehicle tech centre. &#8220;Simplifying the structure will drive improvements through innovation, execution excellence, efficiencies and economies of scale,&#8221; M &amp; M said in a statement. &#8220;Additionally, it will unlock shareholder value.&#8221; The initiative will provide LMM vertical with complete ownership of the value chain for last-mile mobility solutions to drive [&hellip;]<\/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-407681","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\/407681","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=407681"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407681\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}