Valeo to Provide Electric Powertrain for Mahindra & Mahindra’s Electric Vehicle Initiative
Valeo is a company that makes new and better ways of moving around. It has joined hands with Mahindra & Mahindra, a company that makes big cars in India, to give them electric engines for some of their new cars that run on batteries. They will also give them a device that can charge the batteries of the cars. The total deal is worth almost USD1 billion and was already counted in the money that Valeo said it will make from selling electric engines in its Q3 report.
Powertrain electrification is a global leader in which Valeo leads the way with solutions to suit the needs of all road users. Valeo plans to localize the production of the electric powertrain in India by making an investment near the Mahindra facility in Pune, Maharashtra. The electric motor, gearbox, and inverter will all be part of it, along with the integrated 3-in-1 bi-directional Combo power electronics, which combines the Power Distribution Unit (PDU), Onboard Charger (OBC), and DC-DC converter.
According to Xavier Dupont, Valeo Powertrain Systems Business Group President, ”At Valeo, we believe that electrification is the future of mobility and we have developed best-in-class technologies to support the growing demand of our clients. Our solutions, developed and manufactured locally, will support Mahindra & Mahindra in offering Indian customers electric vehicles with higher voltages and longer range. This partnership with Mahindra & Mahindra is a major step forward for Valeo in the Indian EV market.”
Jayakumar G, Group President & Managing Director, Valeo India, said, “We are proud to be associated with Mahindra & Mahindra to equip their latest EV platform with our electrification technologies. We will be investing to localize the production of this new order in India. I would like to express our hearty thanks to the management of Mahindra & Mahindra for their trust and confidence in Valeo. This is only the beginning of the EV transition and Valeo is accelerating to be ready to take on the EV revolution in India and contribute to greener and safer mobility.”
R Velusamy, President, Automotive Technology and Product Development, Mahindra & Mahindra Ltd., said, “The collaboration with Valeo is in alignment with our ‘Born Electric’ vision. Valeo’s electrification technology compliments our purpose-built INGLO platform, which serves as the backbone of Mahindra’s EV architecture and its human-machine interface. This partnership is a significant step towards fulfilling our commitment to offer sustainable, cutting-edge mobility solutions, not just in India but globally.”
Content Credit: ET Auto