Mahindra plans to support SsangYong’s electric vehicle business: report

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Mahindra, which develops electric SUVs and a powertrain on the new MESMA 350 platform, has reportedly said it will supply the technology to SsangYong in accordance with the Korean brand’s requirements.


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Mahindra works on electric SUV and powertrain on new MESMA 350 platform

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Local utility vehicle maker Mahindra & Mahindra plans to continue supporting its loss-making South Korean subsidiary, SsangYong’s electric vehicle business. Mahindra, which develops electric SUVs and a powertrain built on the new MESMA 350 platform, said it will supply them to SsangYong in accordance with the Korean brand’s requirements. Interestingly, the new electric powertrain developed by Mahindra is said to be suitable for converting an outgoing ICE (internal combustion engine) vehicle, and even for use in electric vehicles that were built on the ground.

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Now, the fact that Mahindra is planning to supply EV technology to SsangYong is not news to us. In January 2020, Mahindra Electric CEO Mahesh Babu announced that the company was working on a 350-volt powertrain that will be exported to South Korea and Europe, where the technology will be used by SsangYong in its new vehicle. electric. However, a lot has changed since then. SsangYong, who has been struggling financially, recently filed for receivership in South Korea’s bankruptcy court, while Mahindra sought a buyer for the South Korean brand.

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In January 2020, Mahindra said it was working on an electric powertrain that will be exported to South Korea and Europe for use by SsangYong.

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So one wonders if Mahindra has changed its strategy for SsangYong, at least when it comes to electric vehicles. We have reached out to Mahindra for official confirmation and to get more details on this, however, at the time of this report’s publication, our email to the company has gone unanswered.

Also Read: Mahindra to Build New Electric Vehicle Technology and R&D Center in Bengaluru

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When it comes to India, when it comes to electric vehicles, the company mainly focuses on shared and last mile connectivity. The company has already launched the Treo and Treo Zor, which cater to the passenger and freight industry, respectively. Last year, Mahindra also said he made an investment of ₹ 500 crore to set up new electric vehicle technology and an R&D center near Bengaluru airport.

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Source: ET Auto

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