VW Group, M&M Ink First Supply Chain Pact Under Electric Mobility Collaboration – News18

German automotive main Volkswagen Group and Mahindra & Mahindra Ltd on Friday introduced their first provide settlement for electrical car elements beneath their joint imaginative and prescient for electrical mobility collaboration.

Under the settlement, Mahindra will turn into the primary exterior companion to make use of Volkswagen’s “groundbreaking unified cell concept”, the core aspect of its battery technique, the 2 corporations mentioned in a joint assertion.

The Indian agency will obtain elements of Volkswagen’s MEB (platform) for its objective-constructed electrical platform INGLO, on which M&M plans to launch 5 all-electrical SUVs in India beginning December 2024.

“The supply agreement will run over several years and will have a total volume of about 50 GWh over a lifetime,” the assertion mentioned.

With the settlement, Volkswagen and Mahindra are additional deepening their collaboration which began with a partnering settlement and a time period sheet in 2022, they mentioned.

Both corporations will proceed to guage a possible growth of the collaboration. Volkswagen’s MEB platform and its elements are utilized by the group manufacturers Volkswagen, Audi, Å koda, and SEAT/CUPRA in addition to exterior companions like Ford and Mahindra.

“The partnership with Mahindra is led by Volkswagen Group Technology and its “Platform Business” unit in shut cooperation with Å koda Auto Volkswagen India Pvt. Ltd,” the assertion mentioned.

Volkswagen Group and Mahindra mentioned they aimed to strengthen their e-mobility footprint within the Indian automotive market and to speed up electrification within the area.

(This story has not been edited by News18 workers and is revealed from a syndicated information company feed – PTI)