Mahindra Electric looking to join hands with cab aggregators to shore up EV sales

Mahindra Electric Mobility Ltd on Wednesday said it will join forces with fleet operators and cab aggregators such as Zoomcar, Ola and Uber to shore up sales of its electric passenger vehicles.

Mahindra Electric, EV, electric vehicle, cab aggregators, India
Image source : Google

The company aims to double sales of its electric vehicles, including passenger cars which run on batteries, in the current year, said Mahindra Electric CEO Mahesh Babu. Last year, the company sold 4,000 electric vehicles of which 1,300 were passenger cars.

Sales of electric passenger vehicles are not growing unlike commercial vehicles, Babu said, adding that it was expected to be easier to sell battery-operated passenger vehicles to fleet operators and cab aggregators than to individuals.

The company has recently tied up with Bengaluru-based Zoomcar India Pvt Ltd, which lets out cars without drivers. Zoomcar is looking to build a fleet of 2,000 electric cars by the end of the current year from 300 currently, said its chief executive officer Greg Moran.

- Advertisement -
Loading form…

Industry's Buzz

SK Hynix

SK Hynix Backs Optical Interconnects for AI

0
South Korean memory maker backs co-packaged optics to replace copper links and break the 'AI memory wall' in data centres.  South Korean semiconductor giant SK...
Representational image of a satellite

Finnish SAR Imagery Specialist Forms Its India Unit

0
The formation of ICEYE India follows the formation of its German subsidiary last month. The move aims to tap into, what the company describes...
Nexperia

Europe-China Differences Leads to a Split in Nexperia

0
The Dutch chipmaker’s China unit said that a new production line which will produce 12-inch silicon wafer up to 100 percent domestically will be...

Kaynes Technology, BOSGAME Sign MoU To Expand In India

0
The partnership will also explore opportunities for product localisation, value addition, and greater participation in India’s growing electronics ecosystem Kaynes Technology India Limited and BOSGAME...
Piyush Goyal, Minister of Commerce and Industry, Government of India

India, Japan to Deepen Semiconductor and AI Cooperation During Goyal’s Visit 

0
Dedicated semiconductor and AI discussions will anchor Piyush Goyal’s Japan visit, with India seeking greater Japanese investment and technology partnerships. Union Commerce and Industry Minister...

Learn From Leaders

(L-R) Nikesh Gondchawar, Strategic & Technical Advisor – Robotics Manufacturing; Shrikrushna Kakade, Founder Partner; Nikhil Kakade, Senior Technical Advisor – Robotics & Control Systems, SlightGen Solutions LLP

“A Made-In-India Robotic PCB Soldering System That Automates The Through-Hole Soldering Process!” – Shrikrushna...

0
Electronics manufacturing is complex, and automation often comes at a high cost. To bridge this gap and offer a more affordable solution in India,...
Navdeep Narula, Executive Director, Client and Endpoint Solutions, Ingram Micro, India

“Enterprise Computing Is Shifting From CPU to GPU And Now Toward NPU-Based Systems ”...

0
The shift from CPU to GPU to NPU-based computing is redefining today’s enterprise endpoints. In an exclusive conversation, Navdeep Narula from Ingram Micro discusses...

India’s Robotics Push Opens New Hardware Opportunities

0
How do you build India’s physical AI future when critical robot components still come from overseas? Niqo Robotics reveals where the gaps remain.  India’s push...
Gadhadar Reddy, CEO and Founder, NoPo Nanotechnologies

How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...

0
What if a material 200,000 times thinner than a human hair could transform EV batteries, semiconductors, and advanced electronics? NoPo Nanotechnologies is making that...
Raja Rajeev Kumar, Mentor at IIT Startups, Chairman of the Board of Trustees, LaxmiRamaVarma Holdings International, and Founder and CEO, ChromoSoul Ventures

“Build Strong Startups, and Funding Will Follow”- Raja Rajeev Kumar, IIT Startups, LaxmiRamaVarma Holdings...

0
While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...

Startups

Akshar Vastarpara, Founder and CEO, Vicharak

“Our SBCs Are Designed As Complete Edge-Computing Platforms That Combine Everything On A Single...

0
An Indian startup builds affordable edge AI boards for robots, drones, and industry, positioning them as Raspberry Pi alternatives. In an EFY interview with...
(L-R) Sri Kusulu Devalla, Co-Founder and Hetendra Singh Rathore, Founder, Segritech

“We don’t just sort fruit; we match every quality grade with the right buyer.”...

0
An agritech startup has developed an AI-powered machine that sorts and grades fruits directly on farms, helping reduce post-harvest losses by connecting produce with...
Dr Naveen Yanduru, CEO, Axiro Semiconductor Private Limited

“India Can Lead In IP—If It BacksIts Own Builders”

0
Axiro Semiconductor designs RF and satellite chips, ships millions worldwide, and retains its startup mindset while tackling complex technical challenges. In a conversation with...
Dr Sanjay Ahuja, Founder and CEO of Cionlabs, India

“We are solving India-specific challenges rather than offering generic ‘black box’ IoT solutions.”

0
From hybrid mesh networking to AI-enabled edge devices, an Indian IoT startup is developing home-grown solutions to improve connectivity, strengthen privacy and support the...
RTLS

Amimotion’s World-Smallest UWB Tags That Give Factories A Digital Nervous System For Physical AI

0
A Bengaluru startup is turning factories into intelligent spaces with tiny UWB tags, AI-powered visibility, and real-time tracking that can automate workflows, improve safety,...