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Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility Ltd. said, “At Mahindra, we actively listen to our customers and their satisfaction is our priority. We’re excited to offer customers more choices with the introduction of the metal-bodied Treo. The Treo Metal Body will continue to delight customers with its reliability, lower TCO and help build their micro-entrepreneurship journey.”

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“MobiQ stands for mobility, intelligence and quality,” said Hiroshi Yanone, senior manager of Connected Services at DENSO Products and Services Americas. “We are committed to the smart mobility market and are excited to bring 75 years of automotive expertise to promote safer, more efficient and cleaner movement of people, vehicles and cargo on the road today.”

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Abhishek Poddar, India Country Head, Macquarie Group, said: “The transition to electric vehicles will bring significant benefits to India – increasing its energy independence and mitigating the impacts of climate change. Vertelo aims to play a key role in accelerating this transition by making it easy for its customers to realise the benefits of going electric immediately.”

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On April 19, Tesla, owned by Elon Musk, reduced the prices of three out of its five models in the US and later globally, including China and Germany. The Model Y, Tesla’s most popular car and the leading electric vehicle in the US, saw a price cut, along with the older and pricier Models X and S. The prices for the Model 3 sedan and the Cybertruck remained unchanged.

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