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Mahindra and Mahindra partners with Uber to expand electric vehicle sales

First such fleet to be deployed in Delhi and Hyderabad

Ajay Modi  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

The country’s third-largest passenger vehicle player, Mahindra and Mahindra (M&M), has tied up with cab aggregator to introduce electric vehicles (EVs) in the latter’s fleet. The first such fleet would be deployed in Delhi and Hyderabad, and will be gradually expanded to more cities. M&M, one of the winners of the Energy Efficiency Services Ltd (EESL) tender for EVs, said it would also bid for the second phase of the tender for 9,500 electric passenger vehicles. M&M’s electric cars on Uber’s platform would include the e20 Plus hatch and the eVerito sedan. Uber’s driver partners will be able to avail of a package, which would include Mahindra at competitive prices, attractive financing, and insurance premiums, along with comprehensive maintenance packages.

To make this model sustainable, and will work closely with public and private players that are in the process of setting up a common use charging ecosystem across multiple locations, said in a statement. M&M, the largest domestic player in the EV segment, has about 4,000 electric vehicles plying on Indian roads. The company has invested Rs 500 crore in the EV business, and plans to pump in another Rs 600 crore in the next two to three years. “Our collaboration with is an important step to help accelerate the large scale adoption of on shared mobility platforms and meet the nation’s vision for EVs,” Managing Director said. had earlier tied up with home-grown cab aggregator Ola for supplying electric vehicles.

First Published: Sat, November 25 2017. 00:59 IST