Mahindra, a renowned vehicle manufacturer, in collaboration with its Mahindra Last Mile Mobility Limited (MLMML) division, announces a strategic alliance with IRP Systems, a specialist in electric powertrain solutions, to launch a new line of three-wheelers.
This partnership is primarily aimed at electrifying all electric vehicles in India, incorporating cutting-edge technology provided by IRP Systems, a move that promises to revolutionize the last-mile transport sector in India.
A smart alliance between companies
The signing of the agreement comes after extensive testing and validation of the propulsion system hardware, ensuring compliance with the rigorous standards of the Indian and other global markets.
In the words of Sanjiv Gupta, COO of MLMML,“this step marks a significant advance towards electrification of last-mile transportation, incorporating advanced technology and reliable vehicles.”
For his part, Moran Price, CEO of IRP SystemsThe company is proud to partner with India’s leading OEM, noting that this collaboration redefines the rules of the game in the last-mile market, expanding the offering in a crucial segment and moving towards widespread accessibility of electric vehicles for the country.
A new version of electric three-wheeled vehicles
Three-wheeled vehicles, known as “autorickshaws,” are a common presence on India’s urban streets, noted for their versatility and adaptability to dense traffic. Their compact size and light weight make them an efficient and economical transportation option for their users.
In addition to their efficiency in urban traffic, autorickshaws are affordable for both passengers and drivers, making them a popular choice, especially among low-income segments. The labor flexibility flexibility, coupled with their low maintenance cost, makes them an adaptable and profitable source of income for many.
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Source and photo: Mahindra
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