Mahindra takes initiatives in Electric Mobility

Electric Mobility

Electric Mobility has been in focus for quite a while now. Mahindra & Mahindra, a leader in the nascent electric vehicle market in India signed two different Memorandum of Understanding with the Government of Maharashtra (GoM), to further commit additional investment of Rs 500 crore in the manufacturing of electric vehicle components at its Chakan Plant and deploy 1000 electric vehicles in the state in the next one year.

The MoUs were signed by Chief Secretary and Additional Chief Secretary, Industries on behalf of the Government of Maharashtra and Pawan Goenka, M Dr, Mahindra & Mahindra Ltd. in the presence of Chief Minister of Maharashtra, Devendra Fadnavis, Union Minister Dr. Harsh Vardhan and Anand Mahindra, Chairman, Mahindra Group.

As part of its deal, the home-grown automaker will offer 50 Mahindra e2O Plus electric cars on the Zoomcar platform and aims for 100 EVs in next quarter. Mahindra will be deploying the first batch of 25 e2O Plus for Zoomcar in Mumbai on June 5. June 5 being World Environment Day.

Mahindra Electric also signed a memorandum of understanding (MoU) with Auroville, an international township in the making, to launch integrated facilities to promote electric vehicles in the township to commemorate the world environment day celebrations.

Mahindra Electric CEO Mahesh Babu, said,

“Mahindra has been working for close to a decade on developing the electric eco-system in India. The evolution of a common platform integrating mobility, energy storage and charging for an entire community is an important step to ensure future scalability. There is great synergy between Auroville’s vision to create a green mobility system and our initiatives. We are confident that Mahindra Electric’s Nemo, will be a suitable platform to develop a sustainable mobility ecosystem for any community.”

They will promote ride-sharing, ride-hailing and self-drive rentals. Mahindra Electric will help the township in harnessing the renewable power and its storage. The collaboration will be an extension of Auroville’s several e-mobility initiatives launched over the last few decades.

To read more about the recent advancements in the field of Renewable energy and Energy Storage, continue reading on Energy Log.

Source: Time of India

 

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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