M&M To Continue Supporting Subsidary SsangYong’s EV Business

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As per a recent report, Mahindra is planning to develop and supply the electric SUV drivetrain on its ‘MESMA 350’ platform

Mahindra & Mahindra will continue to support the business of its losing-making South Korean unit SsangYong Motors despite the struggles the subsidiary faces in continuing business. 

As per a recent report, Mahindra is planning to develop and supply the electric SUV drivetrain on its ‘MESMA 350’ platform. This powertrain is suitable for converting existing ICE (internal combustion engine) vehicles to electric and for making ground-up EVs.

“Mahindra will continue to support SsangYong to develop and supply the electric SUV drivetrain on MESMA 350 platform based on their requirements,” said Rajesh Jejurikar, ED, Mahindra & Mahindra.

“Mahindra would have benefited from the global footprint of SsangYong and launched EV platforms globally had they continued their relationship. Now, the MESMA platform will focus a lot more on ground-up EV model development for India and sharing the Mesma platform with SsangYong will help both companies,” said Kaushik Madhavan, VP, mobility, Frost & Sullivan.

Parent company Mahindra had been trying to sell off the UV unit to several companies for more than a year prior to this development. 

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