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…
Mahindra XUV400 Pro Range Electric SUV Launched
Mahindra and Mahindra Ltd, India’s very own SUV manufacturer, announced the launch of the Mahindra XUV400 Pro Range, with prices starting at Rs 15.49 lakh (ex-showroom). The Pro Range features three new variants, namely, the EC Pro with a 34.5-kWh…
Electric 3-wheeler sales clock 66% growth in CY2023 to over 581,000 units
In India’s fast-growing electric vehicle industry, the two- and three-wheeler segments, which are the most affordable compared to their four- and more-wheeled brethren, are setting the pace. While the electric scooter and motorcycle segment leads in terms of sheer volumes,…
Mahindra BEV Push to Include 5- and 7-seat SUVs
MAHINDRA will launch a five- and seven-seat electric SUV under its Born Electric model range in Australia, but the market will be considerably more mature by the time these battery electric vehicle (BEV) models launch. GoAuto has learned that the…
Valeo to Supply Electric Powertrain for Mahindra’s new BEVs
Valeo will localize and provide the electric motor, its inverter, the gearbox as well as the integrated 3-in-1 bi-directional combo power electronics that integrates the onboard charger, DC-DC converter and the Power Distribution Unit for some of Mahindra’s upcoming battery…
JSW’s New EV Will take on Mahindra XUV400, Tata Nexon EV and Citroen eC3
Singapore-based market analyst Canalys’ data says that the sales of EVs in India jumped 137 per cent to 48,000 units in HICY23 as compared to H1CY22. Sajjan Jindal-led JSW Group is planning to enter India’s competitive EV landscape by launching…
