Mahindra Unveils New EV Manufacturing and Battery Plant in Chakan
Mahindra has launched a state-of-the-art electric vehicle (EV) manufacturing and battery assembly plant at its Chakan facility in Pune. This new center will play a pivotal role in the production of Electric Origin SUVs and is a key part of…
Model Vidyut and Mahindra Revolutionize EV Ownership with BaaS Model
In a significant move to accelerate the adoption of electric vehicles (EVs) in the commercial sector, Vidyut, a Bengaluru-based full-stack EV startup, has introduced an innovative Battery-as-a-Service (BaaS) program. This groundbreaking initiative, in collaboration with Mahindra Last Mile Mobility Limited,…
BII to Invest ₹6.5 Billion in Mahindra’s EV Subsidiary
Automobile manufacturer Mahindra & Mahindra has announced that the final tranche of investment by British International Investment (BII) in its subsidiary Mahindra Electric Automobile has been revised from ₹7.25 billion (~$84.74 million) to ₹6.5 billion (~$75.98 billion). The final tranche is expected…
Mahindra Launches BE 6e Starting at ₹ 18.90 Lakh and XEV 9e Starting at ₹ 21.90 Lakh
Mahindra has rewritten the rules of electric mobility with the launch of its flagship Electric Origin SUVs, the BE 6e and XEV 9e. They are built on a grounds-up revolutionary electric origin architecture INGLO and are powered by MAIA, the…
Mahindra Unveils Battery Details of XEV 9e and BE 6e Electric SUVs Ahead of Nov 26 Launch
Indian automaker Mahindra & Mahindra has revealed new details about its forthcoming electric SUVs, the XEV 9e and BE 6e, ahead of their official debut next week. The company has shared a teaser video featuring R Velusamy, President of Automotive…
Ecofy And Mahindra Last Mile Mobility Partner to Boost Electric Three-wheeler Adoption in India
Ecofy, an Indian green-focused NBFC supported by Eversource Capital, has partnered with Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd. This collaboration aims to enhance the adoption of electric three-wheelers in India by merging Mahindra’s…
Mahindra To Start Manufacturing EV Batteries In India
Mahindra Group is considering local manufacturing of electric vehicle (EV) batteries in India. The homegrown automobile giant is exploring partnerships with global players to achieve this goal, according to MD and CEO Anish Shah. According to PTI, Shah highlighted the…
Mahindra & Mahindra Commits ₹120 Billion to EV Expansion by FY 2027
Automobile manufacturer Mahindra & Mahindra plans to invest ₹120 billion (~$1.43 billion) in its electric vehicle (EV) unit, Mahindra Electric Automobile (MEAL), over the next three years up to March 31, 2027. In a stock exchange filing, the company stated…
Mahindra-Adani Total Energies Deal To Broaden EV Charging Infra Access
Mahindra & Mahindra, in a landmark move, signed a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL) – a wholly owned subsidiary of Adani Total Gas Limited – to accelerate the adoption of electric vehicles (EVs) in…
Mahindra to Use Volkswagen Electric Components, Battery Cells
Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles (EVs), the companies said in a statement on Friday. Mahindra plans to use…