Mahindra & Mahindra, on Monday, announced plans to invest directly or through its subsidiaries in high-end electric powertrain technology. At present, M&M is the sole Indian manufacturer producing electric cars in India.
The investments will also be used to expand Mahindra’s electric vehicle and electric powertrain manufacturing capacity. The investment in electric vehicle technology is expected to increase Mahindra’s future line-up of electric vehicles.
Currently, the Indian manufacturers electric powertrain portfolio includes 48V and 72V powertrain systems. These systems power Mahindra’s current electric offerings: the e20 hatchbacks, eVerito sedan, and the eSupro commercial vehicle. In collaboration with its Korean subsidiary, Ssangyong, Mahindra is developing a more powerful electric powertrain with a capacity of 380V, which could be utilized to power SUVs and other large vehicles.