Valeo, a global frontrunner in mobility technology, forges a strategic alliance with Mahindra & Mahindra (M&M), India’s top SUV maker, to revolutionize India’s EV landscape. This collaboration, a nearly 1 billion dollar endeavor, integrates Valeo’s advanced electric powertrain into M&M’s ‘Born Electric’ passenger vehicle platform, as revealed in Valeo’s recent Q3 financial results, marking a significant step in electrifying Indian roads.
This partnership signals a transformative phase for both entities, with Valeo planning a significant investment near M&M’s Pune facility in Maharashtra. This initiative aims to localize electric powertrain production in India, encompassing the motor, inverter, gearbox, and a unique 3-in-1 Combo power electronics unit.
Mahindra & Mahindra’s ‘Born Electric’ vehicle, a blend of Brand, Design, and Technology, stands as a testament to the company’s commitment to leading India’s electric mobility sector.
Valeo’s technology suite, including the electric motor, inverter, gearbox, and an innovative 3-in-1 bi-directional Combo power electronics unit, promises to revolutionize electric mobility in India. This unit combines an Onboard Charger (OBC), a DC-DC converter, and a Power Distribution Unit (PDU), offering an all-encompassing solution to electrify Indian roads.
Xavier Dupont, President of Valeo Powertrain Systems, voices his firm belief in electrification as the mobility future. He highlights that Valeo’s locally developed and manufactured technologies will empower M&M to deliver superior electric vehicles, offering higher voltages and extended range to Indian consumers.
Jayakumar G, Valeo India’s Group President and Managing Director, shares the enthusiasm, highlighting Valeo’s commitment to localize production for this new venture in India. His words underscore Valeo’s dedication to advancing electric mobility in India.
From M&M’s perspective, Vinod Sahay, President and Chief Purchase Officer of the Auto and Farm Sectors, outlines the company’s vision to lead in the electric mobility sector, not just in India but globally. This collaboration with Valeo marks a crucial step towards this vision. Sahay emphasizes the partnership’s role in promoting electric vehicle technology in the Indian market.
R Velusamy, M&M’s President of Automotive Technology and Product Development, affirms the Valeo partnership aligns perfectly with their ‘Born Electric’ vision. Valeo’s electrification technology enhances M&M’s INGLO platform, forming the core of Mahindra’s EV architecture and user interface. This partnership, according to Velusamy, is a pivotal move towards offering sustainable, advanced mobility solutions globally.
This Valeo and Mahindra & Mahindra partnership transcends a mere business agreement. This Unity is a step towards a greener, more sustainable future. Combining Valeo’s global electrification expertise with M&M’s vision for electric mobility, this alliance is poised to reshape the automotive sector, not just in India but on a global scale.
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