Mahindra & Volkswagen in talks for EV component collaboration

06 Sep 2023 CW Team

According to a report, Mahindra & Mahindra is currently engaged in discussions with Volkswagen regarding the utilisation of key electric components from Volkswagen's open electric vehicle platform, known as the modular electric drive matrix (MEB). This collaboration would involve Mahindra incorporating components such as the e-drive and unit cells into its own electric vehicle lineup.

Volkswagen's MEB platform serves as a versatile foundation for electric vehicles and is utilised by various brands, including Audi, Cupra, Skoda, and Volkswagen, as well as in partnership with Ford.

It was reported that M&M and Volkswagen had inked a term sheet back in August, outlining the provision of electric components by the German automaker to Mahindra.

As per Mahindra's financial plans, as reported by the Economic Times, an investment of approximately Rs 100 billion is anticipated for its electric vehicle subsidiaries from the financial year 2021-22 (FY22) through FY27. Within this period, Rs 40 billion of the total investment will be allocated between FY22 and FY24.

Furthermore, Mahindra has ambitious plans to introduce approximately five new electric vehicle models between April and October 2025. The company aims for electric SUVs to account for 20-30 per cent of its SUV portfolio, potentially reaching up to 200,000 SUV units.

In addition to these initiatives, Mahindra has set a target to manufacture 200,000 electric vehicles annually at its Chakan plant in Maharashtra from 2027 to 2029.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..