Volkswagen and Mahindra sign Partnering Agreement for MEB electric components in Chennai

Volkswagen and Mahindra sign Partnering Agreement for MEB electric components in Chennai

Volkswagen and Mahindra sign Partnering Agreement for MEB electric components in Chennai

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both parties announced today that they have signed a Partnering Agreement on 18th May to evaluate the scope of collaboration. Mahindra intends to equip its “Born Electric Platform” with MEB electric components such as electric motors, battery system components and battery cells. The Partnering Agreement evaluates the scope of collaboration – it indicates binding rules for the evaluation phase as well as the non-binding scope of supply. The binding supply agreement will be negotiated in a continued constructive and legally compliant way to conclude by the end of 2022.

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Volkswagen and Mahindra sign Partnering Agreement for MEB electric components in Chennai

2022-05-20 14:04