The company has rolled out its stable electric luxury supercar Battista, and is also working on how to bring its GenZe electric scooters to India.
Fleets are the best way to familiarise people about electric vehicles and speed up adoption, according to Mahindra Group’s Chairman Anand Mahindra.
Use of electric vehicles (EVs) by fleet operators will help in achieving economies of scale in the industry and ultimately help in reaching personal mobility, Mahindra told PTI on the sidelines of the 89th Geneva International Motor Show.
The cost of these vehicles will come down when more people buy them, Mahindra explained.
The company, which has rolled out its stable electric luxury supercar Battista, is also working on how to bring its GenZe electric scooters to India as it would be “too expensive” for the market currently. The company will be launching the e-scooters in Europe first.
“We make GenZe e-scooters overseas (in the US). It is too expensive for India, but we have some thoughts,” Mahindra was quoted as saying.
Mahindra Group to focus on fleet
Mahindra welcomed the Rs 10,000 crore FAME II scheme under which four-wheeler electric vehicles will get subsidy only for fleet operators and commercial purposes.
However, he said that they had already decided to focus on fleet even before the announcement of the scheme.
In the past, Mahindra had tied up with app-based cab aggregator Ola in partnership with the Indian government to build India’s first electric mass mobility ecosystem in Nagpur.
