Volkswagen, Mahindra Partner To Bring Unified Cell Concept In EVs Updated On Fri, Feb 16th, 2024 by Saurenergy Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first agreement for the supply of Volkswagen´s component to Mahindra. The company plans to use the components of Volkswagen´s MEB (Modular Electric Drive) for Mahindra’s purpose-built electric platform INGLO. Thus, taking a definitive step further on their joint vision for e-mobility collaboration. The deal […] Read more
Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production Updated On Wed, Dec 14th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company’s investment, according to the company. For the establishment of the manufacturing facility, development, […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Three EV Infra Players & Mahindra Collaborate on Charging Solutions Updated On Thu, Nov 10th, 2022 by Saurenergy Mahindra & Mahindra announced that it has partnered with Jio-bp, Statiq, and Charge+Zone (Three EV Infrastructure Players) to provide charging options for its next lineup of passenger electric vehicles. The Mumbai-based automaker said in a statement that thanks to these agreements, Mahindra EV users would have seamless access to a reliable fast-charging infrastructure and e-mobility […] Read more
Mahindra Works With Jio-bp To Strengthen EV Push Updated On Thu, Oct 13th, 2022 by Saurenergy India’s leading SUV manufacturer, Mahindra & Mahindra (M&M), and the joint venture firm of Reliance Industries Limited (RIL) and bp, Jio-bp are strengthening their current partnership to build out reliable charging infrastructure for Mahindra’s upcoming electric SUV launches. Mahindra’s moves in this regards were keenly watched as rival and current EV market leader in four […] Read more
Mahindra Introduces New Products, Increases EV Investments Updated On Mon, Sep 12th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra is developing, introducing new products and making investments while also making production plans stronger as it continues to be “extremely positive” about the country’s progressive adoption of electric car penetration over the coming few years. It anticipates a gradual shift to electric mobility, with the fleet and sports utility […] Read more
Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector Updated On Wed, Aug 17th, 2022 by Saurenergy The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
