2020. Mahindra Electric has also joined hands with Blu Smart, Three Wheels United, and Zoomcar to offer a wide range of vehicles that span personal and commercial segments. In a major push to introduce next-generation sustainable solutions in the shared mobility space, Mahindra has arrayed 50 of its Electric Vehicles (EVs), with global on-demand ride-sharing company, Uber, in Hyderabad.
Last year, the Mahindra Group announced Rs 1,000 crore-investment plan over a period of three years to enhance manufacturing capacity of EVs to 75,000 units annually from 15,000 units, besides strengthening its R&D. Shell Lubricants, one of Mahindra’s partners for driving the electric revolution forward, also recently launched a new range of fluids specifically designed to work in EV batteries.
Hemant Sikka, president – CPO, Powerol & Spares Business of Mahindra & Mahindra, said, “Like many other countries, India is currently undergoing a transformation of the electric vehicle industry and at Mahindra, we have been at the forefront of this movement. The launch of Shell e-fluids and e-greases is a necessary step towards strengthening the electric mobility segment by enhancing the performance and lifespan of EVs. We are convinced that such initiatives will help drive forward the future of mobility.”