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Old 7th March 2020, 19:32   #1
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Default Mahindra in talks with Ashok Leyland, Renault & Hyundai to supply electric powertrains

Hyundai has been looking at multiple partnerships to localise, seeking to ensure that EVs become mainstream and affordable. Ashok Leyland is also is quite open to the idea of working with partners on electric vehicle technology, an idea which has been resonated by its management. The truck major has partnered with Chetan Maini-promoted Sun Mobility to launch the Circuit S, an electric bus powered by the latter's swappable battery technology.

Mahindra in talks with Ashok Leyland, Renault & Hyundai to supply electric powertrains-mesma350vplatform.jpg

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MUMBAI:Mahindra and Mahindra has initiated talks with Ashok LeylandNSE -0.84 %, Renault and Hyundai to supply its electric powertrain to its peers, seeking to establish its credentials in a mobility segment that many believe would soon alter the dynamics of the hitherto fuelfired automotive industry.

Executives said that while discussions with Renault and Hyundai are at a preliminary stage, talks with Ashok Leyland have advanced, with the two companies examining possible synergies.

For electric vehicles to be commercially viable, the EV industry needs to have scale and localise.“If every OEM starts buying from different sources, costs will be high. (If you) supply to multiple sources, there will be economies of scale,” said Pawan Goenka, MD of Mahindra & Mahindra and chairman of Mahindra Electric, which is free to sell electric powertrains to its direct rivals.

Justifying asset-specific investments in electric powertrains will be difficult for every manufacturer. For instance, an OEM cannot set up a lithium ion plant only for its own use. Such a plant will need to cater to 1 lakh vehicles and volumes might not justify investments by any one manufacturer.

“I believe OEMs will work closely with specialised technology companies and powertrain technologies need to come from technology providers,” said BVR Subbu, former president, Hyundai India and currently on the board of companies involved in e-mobility.Experts believe ‘specialist groupings’ would develop and point to possibilities like Comstar-Sona, Mahle-Graziano, etc. developing e-driveline capabilities in India.

“There is enough for everyone in the EV game as it’s a game that’s just starting and it would only improve the overall EV ecosystem,” said Goenka.

“OEMs need to come together to pool resources and create a much better ecosystem for EVs in India. It makes sense to collaborate and co-create solutions to realise the ‘electric dream. Automakers have been doing this for decades. Fiat's engine business is a very good recent example,” said Avik Chattopadhyay, founder at Expereal, a consultancy firm.

“What Mahindra provides has to be better than a Panasonic or CATL or LG Chem as they are the domain experts.”
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Old 7th March 2020, 21:04   #2
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Default re: Mahindra in talks with Ashok Leyland, Renault & Hyundai to supply electric powertrains

Mahindra's Formula e effort along with its technology partner 'Umicore' should have led to them being the pioneers in the domestic market. But surprisingly they did not make significant inroads with the e2o. I thought the whole point of racing in F-e was to imbibe that understanding in their domestic models.

Every manufacturer is talking about 'scale-able' EV architecture yet not able bring out one good model like Tesla Model 3. GM too recently announced their EV platform can be used across various segments yet has done absolutely nothing with their quite expensive Bolt EV.

Although I really liked the Atom concept as it is something which can be utilized properly in mundane tasks like grocery runs etc and remain cost effective for the masses, not to mention occupy minimal space in an already cramped neighborhood situation in most major cities.
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