Mahindra & Mahindra has partnered with Uber to make a push in electric vehicles industry in India. M & M which has already tied up with Ola will begin working with Uber by deploying few hundred electric vehicles in Delhi and Hyderabad. It is expected that this will be done for other cities too. The electric vehicles on Uber will include the e2o plus hatchback and the e-Verito sedan.
M&M Managing Director Pawan Goenka told reporters about this partnership “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 EVs on shared mobility platforms and meet the nation’s vision of EVs.”
With this partnership, Mahindra will try to increase the capacity of producing the number of EVs in a month to 5000 which is currently only 500. The total number of electric vehicles sold globally was 6-7 lakh units at the end of 2016 which only included about 2000 sales in India.
Madhu Kannan, chief business officer at Uber India also expressed her views on this deal and said “We see a key role in high-efficiency vehicle technologies and therefore this collaboration with Mahindra will be beneficial for not just Uber but for our driver partners too in cities that we operate.”
Furthermore, Mahindra is also thinking to make a deal with the companies which are working on setting up a common use charging system in multiple locations for the big cities.
Indian electric vehicle business is expected to grow very fast with such deals and everyone is predicting a positive future for this new industry as many new vehicles have been launched recently by the big players.