Euro News Source
No Result
View All Result
Monday, June 27, 2022
  • Login
  • Home
  • Latest News
    • All Europe
    • United Kingdom
      • England
      • Ireland
      • Scotland
      • Wales
    • France
    • Germany
    • Italy
    • Spain
    • Austria
    • Belgium
    • Netherlands
    • Switzerland
  • Economics
  • Politics
  • Health
  • Sports
  • Videosnew
Subscribe
Euro News Source
  • Home
  • Latest News
    • All Europe
    • United Kingdom
      • England
      • Ireland
      • Scotland
      • Wales
    • France
    • Germany
    • Italy
    • Spain
    • Austria
    • Belgium
    • Netherlands
    • Switzerland
  • Economics
  • Politics
  • Health
  • Sports
  • Videosnew
No Result
View All Result
Euro News Source
No Result
View All Result
Home News Germany

Volkswagen, Mahindra explore partnership for electric vehicle components

by Francesco Mazzagatti
May 19, 2022
in Germany
A A
0
152
SHARES
1.9k
VIEWS
FacebookTwitterLinkedin

FILE PHOTO: Mahindra showcases its new electric vehicle, ATOM, at the India Auto Show in Greater Noida, India, February 7, 2018. REUTERS/Saumya Khandelwal/File Photo/File Photo

Register now for FREE unlimited access to Reuters.com

NEW DELHI, May 19 (Reuters) – Germany’s Volkswagen AG (VOWG_p.DE) is exploring a partnership to supply electric components to Indian automaker Mahindra and Mahindra (MAHM.NS), the companies said on Thursday.

Volkswagen and Mahindra are evaluating the scope of the collaboration and expect to finalise the supply agreement by the end of 2022, they said.

Mahindra is building a ground-up electric vehicle (EV) platform called “Born Electric”, in which it plans to use components such as electric motors, battery system parts and battery cells sourced from Volkswagen.

Register now for FREE unlimited access to Reuters.com

The partnership comes at a time when Prime Minister Narendra Modi’s administration is offering companies billions of dollars in incentives to build EVs and their parts locally, as India looks to meet its climate change and carbon reduction goals.

“Together with Mahindra, we want to contribute significantly to the electrification of India,” said Thomas Schmall, chief executive of Volkswagen Group Components.

Volkswagen has developed a modular, open vehicle platform for EVs, called MEB, which is used to build to its own cars and those of other group companies including Skoda and Audi. This also allows Volkswagen to be a supplier of electric technology and parts to other automakers.

Rajesh Jejurikar, executive director for the auto and farm sectors at Mahindra, said Volkswagen’s “extensive technology, innovation, and vertical integration in supply chains” will provide a framework to develop Mahindra’s EV platform which the company will reveal soon.

Register now for FREE unlimited access to Reuters.com

Reporting by Aditi Shah; Editing by Kim Coghill

Our Standards: The Thomson Reuters Trust Principles.

Source: Reuters

Tags: AsiaASXPACAUTAUTOAUTPTBACTCARMCARM1CEEUCMPNYCORGOVCYCSCYCS08DEEF:BUSINESS-CHARGEDELEAVEMRGESGEUROPEZCFININMNGISSPUBLSASIATOPNWSWEU

Related Posts

Germany

Germany plans new arms exports rules, easier exports to Ukraine – Der Spiegel

June 10, 2022
Germany

Germany pledges medical aid to Ukraine

June 10, 2022
Germany

Polish president says calls with Putin like speaking to Hitler -Bild

June 9, 2022
Germany

Man rams car into crowded Berlin shopping street, one dead

June 8, 2022
Germany

Germany introduces bill to accelerate wind power expansion

June 8, 2022
Germany

Car drives into crowd on Berlin shopping street, one dead

June 8, 2022
  • Trending
  • Comments
  • Latest

Woman livestreams fatal stabbing of half-sister

October 25, 2021

Prison sentences for protestors who pray outside abortion clinics in Spain

February 4, 2022

Investigation opened into porn video recorded on altar of Flemish church

November 3, 2021

Irish couple, 23 and 26, ‘carry out vicious knife attack in Sydney’

October 14, 2021
Freedom Day

Freedom Day

0
Fire Accident

Fire Accident In Iraq

0
Scotland

Advice from the Scotland Prime Minister

0
Brexiteers

Brexiteers Should Thank The EU

0

Glastonbury 2022: Six of the best bits you may well have skipped

June 27, 2022

NHS: Patients questioned to journey for hospital remedy in NHS ‘final push’ to ‘eliminate two-year waiters’

June 27, 2022

Justice Secretary Dominic Raab claims felony barrister strikes are ‘regrettable’ as 1st walkout commences

June 27, 2022

‘Taking innocence from children’: Two-thirds of youngsters uncovered to damaging on the net articles – but only 16% report it

June 27, 2022

Recent Posts

Glastonbury 2022: Six of the best bits you may well have skipped

June 27, 2022

NHS: Patients questioned to journey for hospital remedy in NHS ‘final push’ to ‘eliminate two-year waiters’

June 27, 2022

Justice Secretary Dominic Raab claims felony barrister strikes are ‘regrettable’ as 1st walkout commences

June 27, 2022

‘Taking innocence from children’: Two-thirds of youngsters uncovered to damaging on the net articles – but only 16% report it

June 27, 2022

Bono reveals he has secret half-brother he only found out about as an adult

June 27, 2022

Manchester United reject Barcelona’s endeavor for a Harry Maguire-Frenkie de Jong swap offer – Paper Spherical

June 26, 2022

Recent Posts

  • Glastonbury 2022: Six of the best bits you may well have skipped
  • NHS: Patients questioned to journey for hospital remedy in NHS ‘final push’ to ‘eliminate two-year waiters’
  • Justice Secretary Dominic Raab claims felony barrister strikes are ‘regrettable’ as 1st walkout commences
  • ‘Taking innocence from children’: Two-thirds of youngsters uncovered to damaging on the net articles – but only 16% report it
  • Bono reveals he has secret half-brother he only found out about as an adult

Categories

  • Austria
  • Bahamas
  • Belarus
  • Belgium
  • Breaking News
  • Brexiteers
  • Business
  • China
  • COVID Cases
  • Covid-19
  • Cyber security
  • Debt
  • Economics
  • Energy
  • England
  • Fashion
  • Fire Accident
  • France
  • Freedom Day
  • Germany
  • Health
  • Human Launch
  • Humanitarian
  • Ireland
  • Italy
  • Netherlands
  • News
  • Norway
  • Opinion
  • Politics
  • Refugees
  • Russia
  • Russia
  • Rwanda
  • Saudi Arabia
  • Science
  • Scotland
  • Scotland
  • Spain
  • Spanish-Flu
  • Sports
  • Switzerland
  • Travel
  • Ukraine
  • United Kingdom
  • Videos
  • Wales
  • Zambia

Site Navigation

  • About
  • Advertise
  • Guest Post
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
Euro News Source

Euro News Source is one of the best sources of European News. We provide the latest news from the European Union and its member states, local and international political, economic and sports news. Follow us to receive all news from around the European Union.

© 2021 Euro News Source.

No Result
View All Result
  • Home
  • Latest News
    • All Europe
    • United Kingdom
      • England
      • Ireland
      • Scotland
      • Wales
    • France
    • Germany
    • Italy
    • Spain
    • Austria
    • Belgium
    • Netherlands
    • Switzerland
  • Economics
  • Politics
  • Health
  • Sports
  • Videos

© 2021 Euro News Source.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?