Skip to main content

Mahindra Group launches Glyd, an e-mobility solution

by Futures Centre, Mar 6
1 minute read

The Mahindra Group has launched an e-mobility service called Glyd in a move to popularise electric vehicles (EVs) in India. The app-based taxi service will be available only in Mumbai on select routes to begin with before rolling out in major cities throughout the country. Its fleet will initially consist of the company’s e-Veritos which get a range of around 130 km on a single charge.


The company said that the new service will offer in-car wifi, web-conferencing, and entertainent and music content streaming from select partners. With a differentiating factor of being environmentally-friendly, the new entrant has the potential to disrupt the space currently dominated by Ola and Uber. As the country’s only major supplier of batteries, motors and power transmission for EVs, Mahindra may have an advantage over its rivals.


If the new company proves successful, it would have major implications for the adoption of EVs in the country.




  • Other Tags:
by Futures Centre Spotted 1940 signals

Have you spotted a signal of change?

Register to receive the latest from the Futures Centre.
Sign up

  • 0
  • Share

Related signals

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set optional analytics cookies to help us improve it. We won't set optional cookies unless you enable them. Using this tool will set a cookie on your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies page.

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytics cookies

We'd like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone. For more information on how these cookies work, please see our 'Cookies page'.