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Mahindra & Mahindra wants to be suppliers for electric vehicles

Mahindra EV1

A couple of days ago I had that the Indian manufacturer Mahindra & Mahindra was ready to launch a super sports car and an SUV all-electric. Apparently the firm engineers have very developed work to launch its first all-electric propulsion system. So they have invested a lot of money and obviously want to return the investment in the shortest possible time.

This return would come, in part, from his employment by the brands that form in hindu Consortium. However, this will not be the only way to get the maximum benefit from this investment as the directors of the constructor would have thought another plan to recoup the money. The idea goes through become external provider for those brands who want to bring to market its electric cars but who do not have the technology needed to do so.

Teaser Mahindra e2o Plus

With this expansion of its business, Indian brand ensures that many rivals (for now) will buy your system of propulsion power. The name chosen for this new division of the firm would be Mahindra Electric (ME) and now plans are ambitious. Among them is the modification of the production lines of its plant to produce more electric drive systems to cater for future demand.

What for now is decentralized is the manufacture of batteries and electric motors full EV. The reason for this decentralization is that their cost of implementation is very high and until there is a stable volume of production is not profitable financially. However, they are already studying how to integrate these components within its production system for when the time comes to save costs of outsourcing.

The firm believe that the future of the automotive industry is in electric mobility. The reason they give is that electric motor has achieved a yield of 80 per cent and that of internal combustion are (in the best cases, Toyota) in the nearly 40 per cent. That is why they are investing large amounts of money and human resources to be the first Builder of the India to offer these services.

Source – Mahindra & Mahindra

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