The ride-hailing company has been making a few moves in the EV space recently, like with deploying 50 new Tesla vehicles in its Dubai fleet and incentivizing its 40,000 drivers in London to switch to electric cars.
According to sources, the automaker is now in the process of developing an EV version of its micro SUV KUV100, which will be launched sometime in the next 12 months. Speaking on collaboration Dr. Pawan Goenka, Managing Director, Mahindra and Mahindra said, "As the pioneers of electric vehicles in the country, we would like to be at the forefront, leading this change toward smart and sustainable mobility solutions".
To realise its electric mobility goals, Mahindra has reportedly committed over $92.7 Mn (INR 600 Cr), which will be invested over the course of three years.
At present, the country's sole EV manufacturer produces only around 100 electric vehicles every month.
Mahindra has plans of ramping up capacity to 5000 units a month of EV production from 500 units now.
According to Group Chairman Anand Mahindra, the long-term aim is to hit 5,000 units by 2019.More news: S&P cuts South Africa local debt to junk; Moody's issues warning
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Initially, a pilot run will commence in Delhi and Hyderabad with Mahindra deploying hundreds of e2o Plus hatchbacks and eVerito sedans to Uber.
Recently the company collaborated with the self-drive auto rental startup Zoomcar by providing 20 e2oPlus vehicles in Mysuru, Karnataka.
Through this partnership, driver partners on the Uber App can avail of a package which will include Mahindra electric vehicles at competitive prices, attractive financing and insurance premiums as well as comprehensive maintenance package.
Mahindra's electric vehicle manufacturing arm came into existence in 2010, when Reva Electric Car Company was acquired and rebranded into Mahindra Electric Mobility Limited.
Uber has with Mahindra & Mahindra to launch electric vehicles in India. The company states that electric vehicles will play a major role in reducing urban pollution plaguing several Indian cities and resulting in health hazards.
The new plug-in electric vehicle pilot is intended, reportedly, to serve as part of the overall push towards plug-in electric vehicle adoption in India - which is being pushed by the government there owing to massive air quality problems and fuel sourcing challenges.