Uber to partner with Mahindra for electric vehicles in India

- Advertisement -

Automaker Mahindra & Mahindra has entered into a partnership with Uber India to deploy electric vehicles on the US cab aggregator’s platform, beginning with a few hundred vehicles in Delhi and Hyderabad in February next year before expanding to other cities in the country. 

Uber, Mahindra, electric vehicles, electric car, India
(Image for representational purpose only)

The initial three months will be used to get the infrastructure in place for seamless trips, the two companies announced on Friday. The tieup comes close on the heels of the tieup between Tata Group and Jayem Automotives to deploy electric Nano rebadged as Jayem Neo in Delhi through Ola, Uber’s Indian rival. Significantly, the EV push in India is led by two homegrown automakers, Tata Motors and M&M, which were the top two bidders for the government’s 10,000-vehicle order. Tata Motors bagged the phase 1 and M&M, which missed out, plans to bid for the phase 2. M&M’s electric vehicles on the Uber platform will include the e2oplus hatch and the e-Verito sedan.

M&M managing director Pawan Goenka said to ET that electric vehicle adoption is clearly gaining momentum in India and the industry is at the tipping point since there is an intention of support from all stakeholders including vehicle makers, shared mobility providers and state governments. “As a pioneer, we would like to be at the forefront, leading this change towards smart and sustainable mobility. Our collaboration with Uber is an important next step to help accelerate the large-scale adoption of EV.

- Advertisement -

Madhu Kannan, chief business officer at Uber India and emerging markets, said that in line with the government’s vision, the company aims to build a more sustainable future of mobility, moving more people needing ondemand service with more efficient vehicle trips. “We see a key role in high efficiency vehicle technologies and therefore this collaboration with Mahindra & Mahindra will be beneficial for not just Uber but for our driver partners too in cities where we operate,” Kannan said.

Out of the six-seven lakh EVs sold globally at the end of 2016, India’s share was only about 2,000. However, after the execution of 10,000 vehicle orders, the domestic market will almost triple, Goenka said.

- 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

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Buzz

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

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...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Important Sectors

solar panels

Tata Power Solar And Indian Bank Forge Partnership To Propel Residential Solar Adoption

0
This collaboration aims to facilitate easy access to financing for homeowners, setting the stage for a greener future. Tata Power Solar Systems Limited (TPSSL) has...

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

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...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Macquarie Group To Invest $1.5 Billion In Indian Fleet Electrification With Vertelo Launch

0
Vertelo has entered into a long-term lease agreement with Tata Motors, committing to purchase up to 2000 electric cars within the next three years....

Manufacturing

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...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...