In major EV push, Mahindra & Mahindra to set up two new verticals March 10, 2021 New structure to focus on last-mile mobility, electric tech centre Mahindra & Mahindra is creating a new structure for its electric vehicle business by setting up two different verticals, one for last-mile mobility, and the other being an EV tech centre, the company said on Wednesday. This is in the backdrop of auto majors across the globe announcing how electrification will be the cornerstone of their future strategies. “The Mahindra Group is readying itself for a world where EVs will evolve through different adoption curves with different trajectories across segments. In a communication to employees, Rajesh Jejurikar, Executive Director of M&M, announced setting up of two verticals,” the company said in a statement.