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 ...