Big day for the Indian automobile EV industry! The German auto giant Volkswagen and India's Mahindra and Mahindra (M&M) have signed a supply agreement on components of Volkswagen's MEB for Mahindra's purpose-built electric platform INGLO. The news certainly brings more strength to push India's electrification goals. Indian SUV major Mahindra was already in talks to equip its Born Electric Platform with MEB electric components from Volkswagen. Both manufacturers have recently shaped their strategies and products to establish their relevance in the Indian market. And indeed, they made a significant mark with their products recently. Mahindra showcased its capabilities with the XUV700 and Thar, which eventually brought laurels to the brand. On the other hand, Volkswagen also exhibited confidence by investing heavily in the dedicated MQB A0 IN platform. The partnering agreement signed between the brands is a welcome move to develop 100 % zero-emission vehicles.
The strategic collaboration will help both the brand cover the supply of certain electric components as well as unified cells. The expansion talks of the deals are ongoing, and we are expected to hear more news regarding this matter. Volkswagen's MEB platform and its components will also be used by sub-brands like- Audi, Skoda and SEAT/CUPRA, as well as external partners like Ford and Mahindra. Mahindra will be the first external partner to use VW's unified cell concept. This supply agreement is a significant step towards ensuring a stable and consistent energy supply. It is designed to meet power needs over the next several years and has a total volume of about 50 GWh. Mahindra has plans to introduce five all-electric SUVs in India, which will be developed on their innovative and purpose-built electric platform INGLO. This move is a significant step towards a more sustainable and eco-friendly future, and it is expected to set a benchmark for the Indian automobile industry. The launch of these electric SUVs is scheduled to commence early next year, and it is sure to bring about a positive change in the automotive sector.