Mahindra Buys into BEV Mobility

Indian automotive giant Mahindra & Mahindra is buying its way into electric mobility by teaming up with a BEV powertrain specialist.

The automaker has signed a memorandum of understanding with REE Automotive to explore development and manufacturing of electric commercial vehicles for global markets. REE has developed its own electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a vehicle wheel.

The partnership hopes to support REE’s expected global customers’ requirements of up to 250,000 electric commercial vehicle units over the next few years. Production would be scaled further to support additional volume in the global as well as Indian domestic markets.

Rajesh Jejurikar, executive director (auto and farm sectors) at Mahindra & Mahindra, said: “Our collaboration with REE has the potential to bring a disruptive approach to a new age of vehicles capitalizing on our respective strengths. The competitive advantages of REE’s corner modular architecture with our experience in conventional vehicle system design, engineering, sourcing ecosystem and significant production capacity, provides a perfect match to deliver exciting zero emission vehicles, including autonomous vehicles, that can meet customer needs as never before.”

— Paul Myles is a seasoned automotive journalist based in London. Follow him on Twitter @Paulmyles_

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