Mahindra Electric has unveiled a technology and product roadmap, leading to the next generation of Electric Vehicles, which the company internally refers to as EV 2.0.
With increasing concerns surrounding clean air, urban congestion and rising fuel import bills, electric mobility is assuming greater importance. The Government of India is pursuing rapid adoption of electric vehicles, for private as well as public shared mobility.
Go deeper with GlobalData
Mahindra offers a range of EVs for personal as well as shared and last mile connectivity. At the same time, the company is investing in next generation EV technology solutions which will deliver longer range, higher speeds and the next generation of connected car technologies.
Further, Mahindra is working with ecosystem stakeholders, both private and public to drive faster adoption of electric vehicles. This includes setting up of charging infrastructure and fleet operations, delivering mobility as service.
The connected car solution already rolled out will serve as the building block for smart mobility in the smart cities, which are currently under development.
“The time has now arrived for EVs to become mainstream and Mahindra has the right technology and products for India,” said chairman and managing director, Pawan Goenka.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“We will engage with the Government, both at the centre and the State, municipal bodies and other private players for setting up a robust EV ecosystem. We are also ramping up our investments towards developing the next generation of EV technologies and products that will cater to the smart cities of tomorrow.”
EV 2.0 will see the company make investments to ramp up manufacturing and charging infrastructure and to develop new, high-end electric powertrains, motor controllers, systems integration and battery technology.
The company made its first move into electric vehicles when it acquired Bengaluru-based Reva Electric Car Company in 2010. Earlier this year, Mahindra Electric adopted a more aggressive stance in electric mobility when it moved from being an electric vehicle manufacturer to a provider of next generation mobility solutions.
In line with this, the company also underwent a change in name to Mahindra Electric Mobility Limited.
Today, there are more than 2,700 electric vehicles on road from the Mahindra stable, which have clocked more than 40m km.
