New Delhi: Mahesh Babu, MD and CEO of Mahindra Electric Mobility Limited, said that ‘we do not make sail’ has become a passion for Indian automotive companies.
Speaking as one of the panelists, Babu pointed out that motors, motor controllers, power electronics and battery pack cooling systems have a great value of 40 to 50 percent and there are many more that we are good at, but we do Do not want to do this. “I think it’s important that we tap on what we have”, he said.
The EV manufacturer, which launched its three-wheeler vehicle in April, has localized everything except for the motor, motor controllers, power electronics. SAIL Manufacturing is very capital intensive, famous Babu.
Mahindra Electric is manufacturing EV powertrains at its new Chakan (Pune) plant and plans to export them to Korea and Europe by the end of the year~
Mahindra Electric is manufacturing EV powertrains at its new Chakan (Pune) plant and plans to export them to Korea and Europe by the end of the year.
According to Babu, electrification drive is not just a one-vehicle game, but a huge technology-based integration of electric vehicles as well as electric components.
The pioneer of the EV industry highlighted that some studies are expected to generate $ 60 billion in electricity by 2040 in the EV component industry alone, citing some studies.
Furthermore, India has a huge advantage over having knowledge of software, Mahindra Electric Head said, “EV has 50 per cent knowledge software as EV runs on vehicle software. India is an IT capital with so many IT professionals, if It is integrated. With the best technology of motors, power electronics and battery management systems (BMS), there is a high probability that India will play a key role in the power dynamics going forward. “
It is about changing the mindset of the industry from mechanical to mechatronics to leveraging software and integrating it all to achieve a self-sufficient ecosystem Mahesh Babu.
The day-long Virtual Euto EV Conclave is presented by Siemens and powered by Ansys. Keysight Technologies and Altair are associate partners of the event while BASF is the sustainability partner.
The event is supported by Siemens, Ansys, Altair, Keysight Technologies and BASF.
Also read: Opinion: Seven Steps for the Indian Auto Industry to Be Self-Reliant
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