Electric Vehicle Manufacturing Hub in Karnataka
Mahindra’s Electric Mobility group is taking a leap into electric vehicles with the inauguration of its first Electric Technology Manufacturing Hub in Karnataka, India. The new facility is a tangible step forward in support of Mahindra’s Future of Mobility vision of providing Clean, Connected & Convenient vehicles for customers.
The facility will produce Mahindra’s first electric 3-wheelers, the Treo and Treo Yaari, under Mahindra’s +ME (Mahindra Electric) brand. The new 3-wheelers will start at Rs. 1.36 lakhs, including FAME subsidy (Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles). Mahindra will also manufacture battery packs, power electronics, and motor assemblies at the new factory, which will increase the total output from +ME to 25,000 units per year.
“As the pioneers of electric mobility in India, Mahindra is poised to be at the forefront of the electric vehicle revolution while spearheading the endeavor through its range of clean mobility solutions,” Dr. Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd and Chairman Mahindra Electric said. “The manufacturing hub inaugurated today is the next step by Mahindra in the Electric Technology space to increase local value addition and bring affordable EV technology to redefine mobility in India.”
Mahindra’s Treo 3-wheelers are built around a lithium-ion battery pack that Mahindra says will require no maintenance while enabling 170 km per charge. The fully electric Treo and the Treo Yaari will feature smoother rides and no noxious tailpipe emissions compared to gas-burning 3-wheelers.
The facility will produce Mahindra’s first electric 3-wheelers, the Treo and Treo Yaari, under Mahindra’s +ME (Mahindra Electric) brand. The new 3-wheelers will start at Rs. 1.36 lakhs, including FAME subsidy (Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles). Mahindra will also manufacture battery packs, power electronics, and motor assemblies at the new factory, which will increase the total output from +ME to 25,000 units per year.
“As the pioneers of electric mobility in India, Mahindra is poised to be at the forefront of the electric vehicle revolution while spearheading the endeavor through its range of clean mobility solutions,” Dr. Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd and Chairman Mahindra Electric said. “The manufacturing hub inaugurated today is the next step by Mahindra in the Electric Technology space to increase local value addition and bring affordable EV technology to redefine mobility in India.”
Mahindra’s Treo 3-wheelers are built around a lithium-ion battery pack that Mahindra says will require no maintenance while enabling 170 km per charge. The fully electric Treo and the Treo Yaari will feature smoother rides and no noxious tailpipe emissions compared to gas-burning 3-wheelers.
