• Sat. Jul 2nd, 2022

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Mahindra, Volkswagen sign MoU for MEB electric components

ByPrakash

May 20, 2022

Mahindra & Mahindra Ltd (M&M) and Volkswagen have established a collaboration to investigate the usage of MEB (modular electric drive matrix) electric components in Mahindra’s new “Born Electric Platform.”

The two automakers inked a collaborating agreement to assess the breadth of their collaboration.

Mahindra plans to include MEB electric components such electric motors, battery system components, and battery cells in its “Born Electric Platform.”

The agreement further 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,” the companies have said.

 

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