New Cars and Bikes in India

Mahindra Electric To Depend On Fleet Operators To Increase Sales

Owing to limitations of charging stations or points along with low run-time on single charge, there are not enough takers for electric vehicles.

View Photos

Mahindra Electric Mobility Ltd will depend on fleet operators and app based cab aggregators to increase sales of passenger electric cars, a company official said here on Wednesday. Last year, it sold around 4,000 electric vehicles of which 1,300 are passenger cars. According to Mahesh Babu, the electric passenger vehicle market is stable while commercial electric vehicle segment is experiencing strong growth. Mahindra tied up with self-drive mobility platform Zoomcar India in a bid to increase sales of its electric vehicles.

Mahindra

Mahindra Cars

Also Read: Mahindra Signs MoU To Deploy EVs In Maharashtra; Offers e2oPlus On Zoomcar

Advertisement

"The company is looking to double its sales of electric vehicles, including passenger cars. It is economically viable to sell EVs to fleet operators than individuals," said Chief Executive Officer Mahesh Babu.

Owing to limitations of charging stations or points along with low run-time on single charge, there are not enough takers for electric vehicles, he said, adding that the car maker's flagship passenger car model e2o Plus can cover at least 100 km on a single charge.

Also Read: Mahindra And Zoomcar Offer Self-Drive Electric Cars On Rent In Delhi

He said that the tie-up with Zoomcar is "crucial" to drive future growth of electric vehicles.

Mahindra Electric and Zoomcar on Wednesday announced the extension of their unique service, by offering electric vehicles (EVs) as shared mobility solution in Kolkata.

0 Comments

The self-drive mobility platform is targeting a fleet of 2,000 electric cars by the year-end from 300 at present, said its CEO Greg Moran.

For the latest auto news and reviews, follow CarAndBike on Twitter, Facebook, and subscribe to our YouTube channel.

Compare Mahindra Bolero Pik-Up with Immediate Rivals

BUY USED CAR

88 Premium Cars

Available
Premium Cars
Prices Start from
₹ 3 Lakh
More Premium Cars

133 Swift Cars

Available
Used Swift Cars
Prices Start from
₹ 85,000
More Hatchback Cars

112 Swift DZire Cars

Available
Used Swift DZire Cars
Prices Start from
₹ 1.5 Lakh
More Sedan Cars

25 Innova Cars

Available
Used Innova Cars
Prices Start from
₹ 3 Lakh
More SUV Cars
Be the first one to comment
Thanks for the comments.