Mahindra & Mahindra Plans To Support Korean SsangYong Motors EV Business


Korean car maker SsangYong Motors is struggling to stay afloat presently but its parent company Mahindra & Mahindra is looking to support its electric vehicle (EV) business. SsangYong which has been in financial trouble recently applied for receivership in South Korea’s bankruptcy court, whereas Mahindra has been looking for a buyer for the South Korean brand.

On its ‘MESMA 350’ platform, Mahindra plans to develop and supply the electric SUV drivetrain. This powertrain is mainly suitable for converting existing ICE (internal combustion engine) vehicles to electric and for making ground-up EVs.

As Mahindra Electric looks to de-risk its India business by supplying EV technology, especially for last-mile connectivity, it has been in discussions with several companies globally for this platform . Infact, it had showcased Mesma 350, scalable and modular architecture with a 350 Volt powertrain at the Auto Expo last year.

Mahindra & Mahindra ED, Mr Rajesh Jejurikar said that Mahindra will continue to support SsangYong to develop and supply the electric SUV drivetrain on MESMA 350 platform based on their requirements.

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