Mahindra & Mahindra (M&M) has reportedly stopped selling electric cars in the United Kingdom (UK) due to weak sales. The development comes in less than a year of launching the e2o electric car in the market.
Earlier, it was forced to stop selling pick-up trucks and sport-utility vehicles in Brazil in 2015 due to a sluggish economy and changes in local regulation. The company, however, continues to expand in other places.
M&M is one of the largest automobile manufacturers in India. It is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.