Mahindra Electric opens new facility in Bengaluru, launches Treo threewheelers
Mahindra Electric Mobility Ltd, part of the Mahindra Group, has dedicated to the country its first Electric Technology Manufacturing Hub in Bengaluru. This new hub is based on Mahindra’s Future of Mobility vision of producing clean, connected and convenient vehicles.
The new facility, set up with an investment of Rs 100 crore, is expected to revolutionise the way electric vehicle technology would be used in India. Branded under the umbrella of +ME technologies, the facility will manufacture battery packs, power electronics and motor assembly which are integral part of an electric power train. The plant uses global standards of manufacturing processes and will increase the manufacturing of Mahindra Electric to 25,000 units per annum. The facility will create additional direct employment of around 200 people and some more through the allied services, in the state of Karnataka. The company also rolled out its first lithium ion electric three-wheeler range Treo and Treo Yaari, priced at Rs 1.36 lakh ex-showroom Bengaluru, including the FAME subsidy.
“As the pioneers of electric mobility in India, Mahindra is poised to be at the forefront of the electric vehicle revolution while spearheading the endeavour through its range of clean mobility solutions. This manufacturing hub is the next step by Mahindra in the electric technology space to increase local value addition and bring affordable EV technology to redefine mobility in India. We are proud to launch Treo, the first Li-ion threewheeler auto developed in India. The government of Karnataka has been very supportive in this initiative with its progressive policy framework for EVs. It has always supported accelerated adoption of EVs in the state,” Dr Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd and Chairman, Mahindra Electric Mobility Ltd, said.
According to Mahesh Babu, CEO Mahindra Electric, “At Mahindra Electric, our aim is to bring about a monumental change in the way India moves by enabling more EV products on the road through our +ME technology solutions. Reiterating our strong faith in EVs we have now invested in technologies that are core to EVs and have set up manufacturing of battery packs, motors, power electronics etc. in our new facility in Bengaluru. The government of Karnataka has been extremely supportive of this initiative. Driven by the same +ME technology, we are also proud to roll out the first Treo. Built on India’s first Lithium ion three-wheeler platform, we are confident that Treo will transform the way urban India travels.”
The Treo range of electric threewheelers uses Mahindra Electric’s home grown powertrain and maintenance-free Lithium ion battery. The variants include Treo electric auto and Treo Yaari electric rickshaw, both available in the industry first hard top weather proof variants. With the use of exceptional light weighting technologies and composite body panels, the Treo boasts of a certified range of 170 km (eAuto), directly addressing range anxiety in the market. It also offers the best in class comfort for passengers with one of the most spacious interiors in the segment and for the driver through its clutch-less, noiseless and vibration free drive, thereby reducing the overall fatigue of the journey. The Treo range is built on an indigenously developed common platform to serve market demands as they scale up.
Initially, these vehicles will be available at select dealerships across Bengaluru and Hyderabad and later in other cities in phases.
Mahesh Babu, CEO, Mahindra Electric and Dr Pawan Goenka, Managing Director, Mahindra and Mahindra and Chairman, Mahindra Electric Mobility Ltd