The biggest automobile manufacturing company in India, Tata Motors and the billion-dollar global enterprise, Mahindra & Mahindra are in discussions to adopt electric vehicles and create an EV ecosystem in Maharashtra. This is because the state aims to transform all government vehicle fleets to electric from 2022 and increase the share of electric vehicles in public transport and last-mile delivery services to 25% by 2025.
In fact, both Tata Motors and M&M have been greatly investing in electric mobility while treating electric vehicles as a significant part of their product portfolio. By collaborating with government agencies, other companies and startups, both companies aim to develop an ecosystem for these zero-emission vehicles.
“The government has clearly highlighted the adoption strategies, especially in last-mile mobility segment. Mahindra has been investing in the state of Maharashtra with the latest one being a dedicated EV technology manufacturing facility in Chakan. Mahindra is eager to deploy products like the Treo three-wheeler range, which will help customers to earn more, given its lower operating cost. Last-mile mobility in India offers a huge EV penetration opportunity and is set for a massive transformation," says Rajesh Jejurikar, Executive Director, Mahindra & Mahindra.
“We are delighted to see a very enabling EV policy by the Maharashtra Government. It is a welcome move and indeed a very strong resolve shown by the government towards EV adoption. Also, the support extended in increasing charging infrastructure will offer electric vehicle owners a hassle-free commute. This visionary policy will enable a faster transition to EVs," asserts Shailesh Chandra, President - Passenger Vehicle Business Unit, Tata Motors.
Tata Motors is a $35 billion organisation with a diverse portfolio includin an extensive range of cars, sports utility vehicles, trucks, buses, and defence vehicles. It is one of India’s largest OEMs offering an extensive range of integrated, smart and e-Mobility solutions. Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It is one of the largest vehicle manufacturers by production in India and the largest manufacturer of tractors in the world.