Mahindra Unveils New Manufacturing, Battery Assembly Facility in Chakan Plant To Produce Electric SUVs
Pune, January 8: Automaker Mahindra on Wednesday unveiled its new manufacturing and battery assembly facility at its Chakan plant, a fully integrated ecosystem dedicated to producing electric SUVs.
To boost EV manufacturing, Mahindra has allocated Rs 4,500 crores out of the total Rs 16,000 crore planned in the F22тАУF27 investment cycle тАФ which includes powertrain development, two product top hats including software and tech and manufacturing capacity.┬аMahindra Unveils Price for Top-End Variant of Mahindra BE 6 and Mahindra XEV 9e at Unlimit India Tech Day; Check Specifications and Other Details.
The company said the new EV manufacturing hub is a fully integrated, highly automated manufacturing ecosystem that leverages over 1,000 robots and multiple automated transfer systems. The EV facility also targets a 25 per cent gender diversity ratio, reinforcing the plantтАЩs inclusive and future-ready work culture.
тАЬDriven by this foundation, Mahindra is now charged up to roll out next-generation Electric Origin SUVs,тАЭ the automaker said in a statement. The facility deploys over 500 robots and fully automated transfer systems in body shop, all monitored via an IoT-based тАЬNerve CenterтАЭ for real-time process insights and end to end traceability. The facility is located within the companyтАЩs 2.83 km Chakan manufacturing hub тАФ one of IndiaтАЩs largest greenfield projects, a water-positive facility- and 100 per cent reliant on renewable energy.
According to the companyтАЩs Chairman Anand Mahindra, Mahindra & Mahindra (M&M) is the 11th most valuable automobile manufacturer in the world, leaping over many competitors and erstwhile technology collaborators.┬аOla Electric Mobility Limited Receives Administrative Warning From SEBI for Violating Disclosure Norms.
On the EV business, he said that it takes audacity for a traditional SUV company to make a big bet on the future of electric vehicles in an uncertain world. тАЬAnd it takes a deep commitment to innovation to forge cutting-edge technology, design, and performance into vehicles that have unique offerings. I hope this will be a portent for the future of every company within the Group,тАЭ said Anand Mahindra.
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(The above story first appeared on LatestLY on Jan 08, 2025 12:03 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).