Mahindra ties up with Zoomcar to offer electric vehicles in Delhi

- Advertisement -

Self-driven rental car platform Zoomcar joins hand with auto major Mahindra Electric as part of which the Mahindra will offer 100 electric vehicles to Zoomcar in New Delhi.

Zoomcar, Mahindra, EV, electric vehicles, electric car, New Delhi, India
Image for representational purpose only

The Hindu Business Line has reported that Mahindra Electric, the electric mobility portfolio of Mahindra & Mahindra (M&M), said that the tie up is aimed at promoting shared and cleaner mobility. Zoomcar has tied up with vehicle leasing company LeasePlan for financing.

Mahindra and Zoomcar have similar collaboration in Mysuru, Hyderabad and Jaipur and the vehicles under the deal are financed as part of an agreement between Zoomcar and Mahindra Finance, which will see Zoomcar obtain customised EV financing.

- Advertisement -

Mahindra’s commitment towards electric mobility continues and Mahindra’s aim is to make EVs more mass adaptable in India in public transport, shared mobility and personal vehicles, Mahindra Electric CEO Mahesh Babu told reporters in New Delhi as reported by The Hindu Business Line.

Speaking on the occasion, Niti Aayog CEO Amitabh Kant said that the future of world belongs to shared, connected and zero waste mobility, and Niti Aayog is driving this with the government with all their energy, but this massive revolution and cleaning up of Delhi in terms of air quality is not possible without private sector collaboration.

He further added that Niti Aayog has provided charging stations as the need for the government is to ensure that there are vast number of charging stations all over the country.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

Buzz

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Workspace Enhancing Developer Productivity For Businesses

0
GitHub's latest, Copilot Workspace, revolutionizes development by enabling natural language interaction, potentially boosting productivity for tech businesses like Honeywell.  GitHub's latest innovation, the GitHub Copilot...

Hyundai To Launch Hybrid Vehicles In India By 2027

0
Executive Chair Euisun Chung informed staff that hybrid vehicles will play a crucial role in the company's future strategy. Hyundai Motor India, the country's second-largest...

Important Sectors

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Hyundai To Launch Hybrid Vehicles In India By 2027

0
Executive Chair Euisun Chung informed staff that hybrid vehicles will play a crucial role in the company's future strategy. Hyundai Motor India, the country's second-largest...

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Ola Electric Maintains Over 52% E2W Market Share In April 2024

0
In April, Ola reported that every second E2W registered in India was their S1 model. Ola Electric announced on Wednesday that it has secured over...

Manufacturing

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...