Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the primary provide settlement on parts of Volkswagen´s MEB for Mahindra’s purpose-built electrical platform INGLO, taking a definitive step additional on their joint imaginative and prescient for e-mobility collaboration.
The deal covers the availability of sure electrical parts in addition to unified cells. With the settlement, Volkswagen and Mahindra are additional deepening their collaboration which began with a partnering settlement and a time period sheet in 2022. Each the businesses will proceed to judge a possible enlargement of the collaboration, a joint press launch from the businesses stated.
Mahindra would be the first exterior accomplice to make use of the groundbreaking unified cell idea, the core ingredient of Volkswagen’s battery technique. The availability settlement will run over a number of years and may have complete quantity of about 50 GWh over lifetime.
Volkswagen Group and Mahindra intention to strengthen their e-mobility footprint within the Indian automotive market and to speed up electrification within the area. Mahindra plans to launch 5 all-electric SUVs in India based mostly on its new, purpose-built electrical platform INGLO, beginning December 2024. With greater than 5 million new automobiles per 12 months in 2023, India is without doubt one of the largest automotive markets on this planet. The electrification of the passenger automobile section is anticipated to achieve vital momentum within the coming years, the discharge stated.
Volkswagen’s MEB platform and its parts are utilized by the Group manufacturers Volkswagen, Audi, Škoda and SEAT/CUPRA in addition to exterior companions like Ford and Mahindra. The partnership with Mahindra is led by Volkswagen Group Expertise and its “Platform Enterprise” unit in shut cooperation with Škoda Auto Volkswagen India Pvt. Ltd., the discharge added.
