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Mahindra and Mahindra Sign Partnership Agreement for EV Charging Network!

Many questions strike the mind the moment one says electric cars. Not because the concept is specifically difficult to understand. Rather the EV revolution is something that can shake up those who are ignorant about a basic truth:

That the time is now, that there’s no going back on ICE.

But then what are those questions anyway?

How to charge an EV? Where will get the charging station? Is an EV reliable for long rides? What is the battery life, and so on and so forth?

That told it’s important to note what the widely noted Indian carmaker Mahindra has in store where its EV initiatives are concerned.

To that end, it is important to note that the company has only recently taken steps towards the establishment of EV charging infrastructure and not only that; signed an agreement with 3 EV charging installation companies.

Their names- are Jio Bp, Statiq, and Charging+Zone!

Further to the above, it’s important to note that the above aim is to install new fewer than 2,500 charging stations in 25 cities.

To that end, it will be easy to discover charging stations in the nearest driving locations, which will be connected through E-mobility navigation.

If that does not change what’s needed in the space of the EV revolution, then what is?

Myriad- albeit crucial- locations such as highways, petrol pumps, parking shopping malls, tourist places, and hospitals, all of which are easy-to-access charging points are, therefore, being considered.

And rightly so!

That told, the president of Mahindra, Mr. Vijay Nakra said the following,” I am happy to announce that we tied a partnership with big EV charging solution companies Jio Bp, Statiq, and Charging+Zone, which will show faith and strong relationship between Mahindra customers, who believe in us. It will be helpful to adopt EV on large scale.”

That said, the CEO of Charging+Zone stated some key insights on the basis of the above, “We believe in a clean and green atmosphere, which is proof of our partnership with Mahindra. We aim to provide fast charging all over India, which will be essential to increase awareness towards the green revolution.”

Charging+Zone, it ought to be noted, is noted and among the largest Indian charging infrastructure companies around, which installs many charging stations across various cities.

But all of that said, here’s what seems to be the key takeaway: It’s crucial to install a fast-charging station for upcoming cars if one is to truly stoke India the electric way.

The Latest Mahindra EV Segment Trends: Hip or Hype?

When we talk about the company called Mahindra, then what is the first thing that comes to your mind?

Dependable cars? Integrity? Reliable automotive? Maybe there’s something more? 

Now could it be that the famous company has come out with whose time has come and can no longer be avoided?

Truthfully speaking, but hey, whatever one writes in the public domain, even in today’s so-called age of “integrity,” will obviously speak the truth! 

So on to the point- perhaps it may no longer be incorrect to state that when it comes to the domain of electric mobility, Mahindra, owned by Anand Mahindra and Dr. Anish Shah (MD/CEO of this company from April 2021 onwards), has done their fair bit in the sphere of Electric vehicles.

How’s that? Furthermore, is this a huge claim or something that’s a bit too underrated?

Imagine how the largest tractor manufacturing company worldwide, ranked 17th on a list of top companies, is already a well-known name where the EV segment in India is concerned?

The company is working towards many sectors such as Mahindra AerospaceMahindra Financial Services LimitedTech MahindraMahindra Lifespace DevelopersMahindra Ugine Steel Company, and Bristlecone Mahindra Systech ETC.

For a company that has as its founder a man who doesn’t pose but is actually a Deshbhakt, it is about time that we gave Anand Mahindra his due; a man whose company has today given India cars in multiple segments, whether one speaks of e-Verito or the not so too recent the XUV 400, the latter rivaling (if not primarily) Tata’s NEXON.

That said, let us spend a few minutes appreciating Mahindra’s EV offerings (specs, features); remember it’s a brand whose diversity is redoubtably impressive:

That’s when one speaks of Mahindra Aerospace, Mahindra Financial Services Limited, Tech Mahindra, Mahindra Lifespace Developers, Mahindra Ugine Steel Company, and Bristlecone Mahindra Systech, to quote a few!

Mahindra E Verito

It was well over half a decade back in the day that Mahindra launched its first electric car, which was an e- Verito.

A sedan, still running popularly on Indian roads is priced at INR 9.5 lakh for the base D2 variant. However, The D4 and D6 prices were INR 9.75 lakh and INR 10 lakh, respectively.

The company claimed a top speed of 86 KMPH. That’s not THE EV Daily’s claim, but as said, the claim of the firm.

Moreover, the total range was noted to be 100 km on one single (or as they say) full charge.

That told, the following statement of fact, as quoted by the revered Business Standard does seem to suggest that there are massive plans for the future of the country, particularly from an EV point of view. Which is why it is worthwhile to note the following:

Mahindra has lined up five new electric Sports Utility Vehicles (SUVs) with the first four expected to hit the market between December 2024 and 2026.

To conclude a story that given the regard Mahindra deserve should actually continue for they’ve contributed spectacularly toward upping India’s ante in EVs (as have the Tata’s), the above is hardly surprising since it’s coming from a visionary who happens to be Anand Mahindra.

A man who the youngsters of our country must read more about if they are willing to understand the meaning of inspiration. 

Anand Mahindra

What may have led to a jump in the EV demand in the last 5 years?

As you know, one of the common trends in the country especially of late has been the hike in fuel prices. Not a day goes by when you and I do not hear about yet another spike. But is that the only concern we have today ahead of us?

Add to this anomaly in our life the threat of climate change that’s pretty much affecting the world, and you have a glaring problem that surrounds us.

If the pollution-related health woes were to be a hit list, then it would appear that India is on the top of its victim list.

Ever thought about that?

Against that narrative, one can be only glad to know that in our country, people have finally begun to show a sense of keenness toward purchasing an EV.

Things may not seem entirely rosy as yet, but if we talk about the last five-month graph of sales, then the EV chart of sales has changed for the better. That’s especially when compared to the last year’s chart.

As per the govt. records, no fewer than 85,911 EVs were registered last month, and the figure for July month was lavish too. At 77,868, EV car units!

Now, if you talk about the last year of August 2021, then the count was 29,127l; barely close to 30,000 EV units.

Resultantly, one witnessed an 11% demand increase in the EV sector. If that’s not a sign of progression, then what is?

That being said, when it comes to the overall participation of carmakers towards EV cars, then Tata Motors has comfortably held its numero uno position, having sold 3,845 cars, which means of the overall cars sold in the country, 88 percent were from the stable of Tata Motors,

Moving on, the revered MG Motors finds itself in 2nd position on the list with a total figure of 308 EV units (sold), followed by Hyundai on rank 3.

Day by day, many companies are taking steps toward the EV sector. From a country’s perspective, the ambition, and robust if it can be, should be to be a cornerstone when it comes to EV adoption in the buzzing epicenter of the sub-continent.

That India should be recognized for its inclination towards the EV car culture should be the aim of the country.

And this isn’t some fanboy speak; it’s very much possible for India to attain such lofty standards in the EV sphere.

So how’s that?

The government has launched a production-linked incentive (PLI) scheme, which is worth a whopping INR 18,100 Cr for advanced cell chemistry manufacturing in India. The scheme saw Ola Electric, Reliance New Energy and Rajesh Exports sign up to manufacture 98 GWh of battery capacity.

As you know, recently, at the Maruti Suzuki event, Shri PM Modi said that EVs are bringing a ‘silent revolution’ to the country. “Be it two-wheelers or four-wheelers, they don’t make any noise,” were the honorable PM’s words.

So is India primed for an interesting few years where things stand in the EV domain? It’s anyone’s guess!

The nightmare that is the Californian heat wave for EVs

As per the norm, the third-largest state in the United States, i.e., California experiences summers of not less than three months. That’s a quarter of a year. Though, of late, the summers have begun to last for up to nearly four months.  

On top of that, there’s the issue of climate change, which means intense heat waves, which isn’t what anyone would look forward to in California. 

All of these have made an issue Californians aren’t exactly smiling about. 

In a world where not writing the perfect Tweet and even riding a fuel-guzzling car can be detrimental to health, imagine the plight of facing Californian weather during summers. 

Want to know the real definition of a predicament? Having an electric car in the famous state home to UCLA and facing the wrath of the heat wave. 

This pretty much leads to a question whose time has come (maybe for a while). 

What happens to the charging of an EV in California that’s burning at 44 degrees Celsius? 

To speak of the current scenario, there are some spaces such as the Los Angeles suburbs, where the heat is so bad that it’s coming down really hard on people and machines.  

Amid this reality, it has, believe it or not, been told to the Californians driving EVs to be watchful about charging their cars during peak hours. 

Seems like a random statement. 

To break it down further, drivers have been categorically told “Not” to charge an EV during the peak hours on a normal day. Interestingly, the announcement comes within days of the famous-for-Hollywood state stating (in no uncertain terms) that it would stop selling gas-powered cars. 

Things to worry about, if one were to put it like that, include- the fierce heatwave as well as the ensuing troubles in line with the ageing electricity grid of the state. 

Who would want to face the dangers of running into some trouble with one’s EV against that background? 

For those of us who may not be aware, California’s electricity grid has been ageing like hell. How else does one put it besides saying that the grid has been operating the same way for the past century? 

That’s 100 years. Gabriel Garcia Marquez readers would, in a lighter vein, be inspired to think of the famous work of fiction that reads perfectly had it been meant for California’s ageing electric grid: “100 years of solitude.” 

Anyhow, the following is what came to light recently when the subject of intense California heat was explored by a publication that shared something telling: 

 “Consumers are urged to conserve power by setting thermostats to 78 degrees or higher, if health permits, avoiding the use of major appliances and turning off unnecessary lights,” said the California Independent System Operator, which runs the state’s power grid. 

Between 4:00 pm and 9:00 pm, “they should also avoid charging electric vehicles.” 

Tremendous Scope For EV Battery Packs In The Immediate Future Of India!

Electric vehicle battery pack shipment will touch 30 million in 5 years, and 10 million will get in 2022.

According to Juniper Research, the shipment of electric vehicle battery packs will reach around 30 million in 5 years to 10 million in 2022, which is this year itself.

Basis the above, the expected growth in this domain is around 200 percent in the industry.

A graph suggests the clear rising price of diesel and petrol-powered vehicles compared to the rise of EVs.

It’s a no-brainer of course in that the high price of fuel, particularly when unmonitored over a period of time, has resulted in a pain point for the audience.

Resultantly, people are attracted to purchasing electric vehicles. On top of that, the awareness of matters like the green revolution and a clean atmosphere is steadily increasing amongst people.

As per news reports, it is expected that there will be a spike of up to 200% (growth rate) in the shipment of the electric vehicles battery pack.

It means that by the end of 2022, as many as 10 million battery packs will be needed.

Researcher Damla said, it’s crucial to develop high-performance battery packs for long distances, but there is a need for investment to establish of Electric battery packs industry.

“We need to add chemicals for manufacturing strong batteries to use in commercial transport and public transport.”

Basis the above, there is a report that mentioned there are difficulties with battery production which includes cobalt. But the problem is that cobalt is difficult to find.

Furthermore, Mahindra and Mahindra invested a sum of INR 1925 crore towards the electric vehicles segment.

As a matter of fact, TVS motors invested a sum of INR 1000 crore towards EV car production.

The Council on Energy and Environment of Water (CEEW) report predicted, that there shall be approximately 30% of Electric vehicles on roads by the year 2030. This, interestingly, is expected to increase by 75% by the year 2030.

As per news reports, Central Minister Nitin Gadkari ji said people have the option of Electric vehicles in front of fuel vehicles, and a total of 13 lac Electric Vehicles registered in India in the upcoming year, and each second vehicle will be EV.

“We are working on 2,877 charging stations to set up all over India,” said Shri Gadkari Ji.

Simple energy signed MoU WITH Tamil Nadu Govt for an Investment of RS 2,500 Crore for Scooter Plant 

Made-in-India electric vehicle company, Simple Energy endorsed a memorandum of understanding in the month of December 2021 towards  building a manufacturing plant in Dharmapuri. 

As per the news report, the first plant of 200,000 is being established in Shoolangri Hosur, and it can, as reported, manufacture a million scooters in a year. 

That’s not too bad for a company that’s yet to be known spectacularly well. 

In phase 2, Simple Energy will set up a second plant on 600 acres of land next year. 

On the occasion of the massive development, Mr. Subhash Kumar, CEO, and founder, of Simple Energy, said the Tamil Nādu government helped us to provide the fund for making the ecosystem.  

What we truly aim is to achieve our long-term goals of making clean air and reducing pollution. 

 Meanwhile, UiPath India (a global software company based in New York, USA) chairman, Shri Raghunath Subramaniam, who’s also an investor in UK battery maker British bolt (and board member, Simple Energy), said the Bangalore-based firm has taken a big step on the world level. He was excited to note that as a country, India is leading the EV market forward, with the aim to reduce carbon footprint and define electric mobility. 

Having said that, Pooja Kulkarni, IAS, MD, and CEO, Guidance said, “The electric vehicle industry is growing in the world the MoU will help to become a global player in the electric vehicle industry.” 

It’s not some breaking news anymore that the world is working towards electric vehicle revaluation. Though what’s important is that India is also working on it, and Subhash Kumar who designed an Electric two-wheeler has already launched on 15 August 2021. 

The competition for these scooters, as per market reports, is the Ola EV, Revolt, Okinawa, Ather, among the others. 

The simple one scooter provides a 236 km IDC range in one single charge. 

Moreover, the maximum speed of this scooter is 105 KMPH. 

A test ride is going on for the booking customer and it will come to be delivered in September. Exciting times ahead then for the EV two-wheeler segment in the country.