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HomeNewsMahindra Group placed an order worth 1 billion USD with Valeo Group...

Mahindra Group placed an order worth 1 billion USD with Valeo Group for sourcing EV engines

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Valeo, a world-renowned MNC known for its cutting-edge work in mobility technology is powering Mahindra’s “Born Electric” by supplying them with Electric power train systems for their “Born Electric” passenger vehicle platform. 

News in detail

One billion USD to power Mahindra’s “Born Again” vehicle platform

Valeo, a global pioneer in mobility technology and a trailblazer in transportation electrification, has been selected as the preferred partner by Mahindra & Mahindra (M&M), India’s foremost SUV manufacturer. This collaboration signifies Valeo’s role in furnishing the cutting-edge electric powertrain for Mahindra & Mahindra’s “Born Electric” passenger vehicle platform and delivering the advanced onboard charger combo for their electric utility vehicles. The total order is close to 1 billion dollars. 

In spearheading the electric mobility revolution in India, Mahindra & Mahindra introduces its state-of-the-art “Born Electric” electric vehicle—proof of the company’s commitment to leading the charge in sustainable transportation. Guided by three pivotal strategic pillars—

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  • Brand, 
  • Design and 
  • Technology

M&M is dedicated to bringing authentic electric SUVs to life.

A manufacturing unit is being set up in Pune

At the forefront of this transformative journey is Valeo, a global powerhouse in powertrain electrification, committed to catering to the diverse needs of all road users. To localize the production of the electric powertrain in India, Valeo is set to make a significant investment in close proximity to the Mahindra plant in Pune, Maharashtra. This investment encompasses the manufacturing of crucial components – 

  • Electric motor, 
  • Inverter, 
  • Gearbox. Additionally, 
  • Integrated 3-in-1 bi-directional Combo power electronics, 

The power electronics seamlessly incorporate the Onboard Charger (OBC), the DC-DC converter, and the Power Distribution Unit (PDU). This collaborative effort ensures that Mahindra & Mahindra’s electric vehicles not only meet but exceed the highest standards of innovation and sustainability.

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Also Read | Infosys Inaugurates Development Center in Visakhapatnam

Valeo’s view

According to Xavier Dupont, “Valeo Powertrain Systems Business Group President, “At Valeo, we believe that electrification is the future of mobility and we have developed best-in-class technologies to support the growing demand of our clients. Our solutions, developed and manufactured locally, will support Mahindra & Mahindra in offering Indian customers electric vehicles with higher voltages and longer ranges. This partnership with Mahindra & Mahindra is a major step forward for Valeo in the Indian EV market.”

Mahindra’s view 

R Velusamy, President – Automotive Technology and Product Development, Mahindra & Mahindra Ltd., said “The collaboration with Valeo is in alignment with our “Born Electric” vision. Valeo’s electrification technology compliments our purpose-built INGLO platform**, which serves as the backbone of Mahindra’s EV architecture and its human-machine interface. This partnership is a significant step towards fulfilling our commitment to offer sustainable, cutting-edge mobility solutions, not just in India but globally.

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Mahindra’s INGLO Platform 

** INGLO is a modular platform for electric vehicles (EVs) that Mahindra is using to build its new range of EVs. The platform is based on a skateboard that houses batteries, electric motors, and other electronic components. Mahindra says the INGLO platform is highly customizable.

The INGLO platform will be used to build SUVs that will range between 4,368mm and 4,735mm. The platform will underpin Mahindra’s new range of EVs, including the XUV and BE (Born Electric) portfolios

Also Read | IFC invests INR 300 Crores in Mahindra last mile mobility

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