Mahindra partners Zoomcar for electric car sharing

Mahindra Electric is the electric vehicles manufacturers of the diversified USD 17.8 billion Mahindra Group.

Update: 2017-04-10 07:39 GMT
Mahindra MSTC Recycling Pvt Ltd, has a paid up capital of Rs 20 lakh and MIL has an initial subscription of Rs 10 lakh.

New Delhi: Mahindra Electric today announced a partnership with Zoomcar, a self-driven car-rental firm to promote shared mobility of electric cars in India. This partnership will enable individuals to buy new all-electric Mahindra e2oPlus on ZAP, Zoomcar's fractional car ownership programme, the company said in a statement.

The programme allows individuals to purchase e2oPlus on Zoomcar's self-drive platform, list the vehicle on a dynamic basis whenever idle, get bookings from Zoomcar's customer base, it added. Mahindra Electric is the electric vehicles manufacturers of the diversified USD 17.8 billion Mahindra Group.

Commenting on the association, Mahindra Electric CEO Mahesh Babu said: "With this first-of-its-kind association with Zoomcar, we believe we will be able to make green mobility available to a larger audience."

Zoomcar CEO and Co-Founder Greg Moran said electric cars on shared mobility platforms is the ultimate way forward in solving the urban transportation problem. "We have seen growing demand for electric cars on Zoomcar in metros such as Bangalore, Delhi and Pune.

Mahindra has always been a key OEM partner for us and with this new development, we are taking the association a step further," he added. After the initial roll out in the select cities, the program will be implemented in other cities as well, the company said.

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