On February 16, Volkswagen Group signed the first supply agreement with Mahindra & Mahindra Ltd. (M&M), regarding components from Volkswagen's MEB for Mahindra's INGLO electric platform. The partnership with Mahindra is led by Volkswagen Group Technology and its “Platform Business” unit in close cooperation with Škoda Auto Volkswagen India Pvt. Ltd.
The agreement covers the supply of certain electric components as well as unified cells, making Mahindra the first external partner to use the unified cell concept, the core element of Volkswagen's battery strategy. The supply agreement will run over several years and will have a total volume of about 50 GWh over a lifetime.
Mahindra aims to introduce five all-electric SUVs in India, based on its newly developed, purpose-built electric platform INGLO, starting in December 2024.