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electric vehicles (EVs) | Volkswagen Group, Mahindra & Mahindra sign supply pact for electric vehicle components

Under the agreement, Mahindra will become the first external partner to use Volkswagen’s “groundbreaking unified cell concept”, the core element of its battery strategy, the two companies said in a joint statement

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VW Group and M&M forge inaugural supply chain agreement through electric mobility partnership

VW Group and M&M forge inaugural supply chain agreement through electric mobility partnership
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Mahindra and Volkswagen sign supply agreement for EV components; details here

Mahindra becomes the first external automaker to utilize Volkswagen's unified cell concept, which is an important part of its battery strategy

Volkswagen group technologyVolkswagen groupMahindra ltdPlatform businesSkoda auto volkswagen india

VW Group, M&M Ink First Supply Chain Pact Under Electric Mobility Collaboration

Under the agreement, Mahindra will become the first external partner to use Volkswagen's "groundbreaking unified cell concept", the core element of its battery strategy

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M&M shares hit record high as Volkswagen to supply electric parts

Shares of Mahindra & Mahindra (M&M) hit a record high in early trade today after Volkswagen inked a supply agreement for electric components of Volkswagen´s MEB and unified cells for use in the Indian firm’s electric platform INGLO. M&M shares rose 6% to a high of Rs 1864.65 against the previous close of Rs 1765.55 on BSE. Market cap of the firm rose to Rs 2.29 lakh crore.

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