Volkswagen and Mahindra are exploring the scope of their cooperation and plan to terminate the supply chain by the end of 2022, according to the companies.
Mahindra is developing a new electric vehicle (EV) platform called “Born Electric” that will include Volkswagen components such as electric motors, battery system components, and battery cells.
As India strives to achieve its goals of climate change and carbon reduction, the administration of Prime Minister Narendra Modi is giving businesses billions of dollars to make electric cars and local parts.
“We want to make a significant contribution to the power supply in India and Mahindra,” said Thomas Schmall, CEO of Volkswagen Group Components.
Volkswagen has launched the MEB, a standard, open-source automotive electronics platform used to produce its own cars and other Volkswagen Group firms such as Skoda and Audi. This also allows Volkswagen to provide other car manufacturers with electrical technology and parts.
“Volkswagen’s extensive technology, innovation, and direct integration into supply chains,” said Mahindra’s director of automotive and agricultural sectors, Rajesh Jejurikar, will provide the framework for the development of Mahindra’s EV stadium, a business that will be announced soon.