Volkswagen and Mahindra expanded a partnership on Monday with a term of commitment under which the German automaker will supply components. electric.
The agreement covers components of Volkswagen’s open platform for electric vehicles, called MEB, to be supplied to Mahindra’s new INGLO electric platform, the companies said. companies.
The INGLO platform, which will power all Mahindra vehicles, offers options ranging from battery capacity from 60 to 80 kilowatt hours (kWh) and fast charging up to 80% in less than 30 minutes, Mahindra said.
Tata Motors, which today dominates the electric vehicle market in Indiasays the Nexon EV’s 40.5 kWh battery pack offers a range of 437 kilometers.
The cooperation targets a volume of more than 1 million vehicles by 2030 and includes the equipment of five INGLO-based electric sport utility vehicles (SUVs), the companies said.
“The partnership not only demonstrates that our platform business is highly competitive, but also that the MEB is well on its way to becoming one of the leading open platforms for electric mobility,” said Thomas Schmall, member of the Volkswagen management board.
Schmall declined to provide the deal’s figures, but said the deal would translate into a significant operating result that he said was comparable to a mid-size Volkswagen group brand.
The automakers said in May they were exploring a partnership to supply electrical components, making Mahindra the second major MEB platform customer after Ford, and that they would finalize the deal by the end of 2022.
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Source: Moneytimes
I am an author at Global happenings and I mostly cover automobile news. In my time working in the automotive industry, I have developed a keen interest in the latest developments and trends. My writing skills have also allowed me to share my knowledge with others through articles and blog posts.
