Mahindra & Mahindra has partnered with Volkswagen for the use of MEB electric components in its “Born Electric Platform”. The components include electric motors, battery system components and battery cells. The agreement signed by both the companies evaluates the scope of collaboration, i.e. it indicates binding rules for the evaluation phase as well as the non-binding scope of supply. The binding supply agreement will be negotiated in a continued constructive and legally compliant way to conclude by the end of 2022.
Designed as an open vehicle platform, the MEB electric platform and its components allows car manufacturers to build their portfolio of electrified vehicles rather affordably. The shared objective of the two companies is to electrify the Indian automotive market which is expected to grow by upto five million vehicles by 2030. As evident, the entire market is presently dominated by petrol and diesel vehicles. Just so you know, India committed only to register zero-emission (electric) passenger cars and vans from 2035 onwards at the Glasgow Climate Change Conference. Industry experts have anticipated that in 2030 more than half of all new vehicles in India will be fully electric.
Thomas Schmall, Volkswagen Group Board of Management member for Technology and CEO of Volkswagen Group Components: “Mahindra is a pioneer in the electric mobility space in India and a great partner for our MEB Electric Platform. Together with Mahindra, we want to contribute significantly to the electrification of India, a huge automotive market with enormous growth potential and high relevance for climate protection. It’s another proof point that the MEB is both technologically state of the art and highly competitive in terms of cost. The MEB is thus progressively developing into the leading open platform for e-mobility, generating significant volume and economies of scale. That’s crucial for every company in the EV world and the key to competitive solutions for our customers.”
Commenting on the partnership, Rajesh Jejurikar, Executive Director, Auto and Farm Sectors, Mahindra & Mahindra Ltd., stated: “We are very pleased to have Volkswagen, a significant global investor in the electric mobility space, as a strategic partner in achieving our ambitious Born Electric Vision. The complementarity of their extensive technology, innovation, and vertical integration in supply chains, will provide a framework to develop our next gen “Born Electric Platform”, to be revealed soon in Oxfordshire UK. Our teams across India, UK and Detroit are passionately creating a breath-taking future.” Volkswagen’s MEB Electric Platform is already used by the Group brands Volkswagen, Audi, SKODA and SEAT/CUPRA as well as external partners.
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