French tier 1 supplier Valeo has been chosen by Mahindra & Mahindra (M&M), a leading SUV manufacturer to provide the electric powertrain for a certain range of its ‘Born Electric’ passenger vehicle platform and on-board charger combo for their electric utility vehicles.
The total order is close to a billion dollars and was already included in the total amount of orders for high-voltage powertrain announced in Valeo’s Q3 results.
Xavier Dupont, Valeo Powertrain Systems Business Group President said, ”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.”
Vinod Sahay, President and Chief Purchase officer – Auto & Farm Sectors – Mahindra & Mahindra said, “At Mahindra, our vision is to be leaders in the electric mobility revolution by bringing in cutting-edge world-class technology into our authentic electric SUV product portfolio, not just for India but for global markets. This collaboration with Valeo is an important step to achieve our ambitious electric vision. The localisation of their technology solutions also signifies their bold commitment towards electrification of the Indian market.”
