Mahindra Group is seeking partnerships with global players to locally produce battery cells in anticipation of increased demand for electric vehicles. This strategic move aims to bolster Mahindra's position in the growing EV market. According to MD Anish Shah, these collaborations will focus on establishing production capabilities within India, as stated by a top company executive.
🚨🚨 Battery Smart has scaled to a Rs63 cr topline biz (as of FY23) largely on the back of swapping 3W e- rickshaw batteries. This business is primarily concentrated in north India, with Delhi NCR accounting for 40% of its user base. However, for the next growth phase, it will…
#BSPoll | Will Ola's new battery accelerate the EV market?
In the coming months, @OlaElectric is set to join a select group of #electricvehicle manufacturers by starting the commercial use of the cutting-edge 4680 battery cells. To know more, read here https://t.co/B0gRKnBW5u @surajeetatbs @OlaElectric #manufacturing #EVs
#MahindraGroup may join hands with global players for cell production in India: MD Anish Shah https://t.co/6I3KZhxpsc
#MahindraGroup is looking for partnerships with #global players for local production of #battery cells in order to cater to expected increase in demand for #ElectricVehicles in the future, according to a top company executive. https://t.co/eArmoBajej
#Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive.
Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive. https://t.co/orfSbzOD8m