Home News Zoomcar-Mahindra collaboration makes self-drive EVs on rent possible

Zoomcar-Mahindra collaboration makes self-drive EVs on rent possible

Zoomcar-Mahindra collaboration makes self-drive  EVs on rent possible

New Delhi, April 10, 2018

Mahindra Electric, part of the USD 19 billion Mahindra Group and Zoomcar, India’s leading shared mobility platform, announced the extension of their unique service of offering EVs as shared mobility solution, to the capital of the country. Under this, the companies are set to offer 100 e2oPlus, Mahindra’s all-electric city smart car on the Zoomcar platform in Delhi.

The vehicles were launched on the platform in the presence of Amitabh Kant, CEO, NITI Aayog.

The initiative is aimed at promoting connected, shared and electric mobility as a model, in line with the recommendations in the NITI Aayog report on the government’s 2030 vision. Delhi as the capital of the country and an important business and urban hub, makes for a good choice for this initiative. In addition the Delhi government has also been very supportive of electric vehicles to improve the pollution situation in the city.

The vehicles under this initiative are financed by LeasePlan. In addition to this, Zoomcar hasa larger financing arrangement with Mahindra Finance, which will see Zoomcar obtain customised EV financing. Mahindra Finance continues to be a preferred financier for Zoomcar & Mahindra Electric for EV financing.

Speaking on the occasion Mahesh Babu, CEO, Mahindra Electric said, “Mahindra Electric has been a pioneer in the EV space and continuously explores associations to increase adoption of Electric Vehicles in the country. Today, we are happy to extend our association with Zoomcar and introduce our EVs on the shared mobility platform in Delhi. The government of Delhi has been very supportive, and is in fact one of the only states to offer additional financial incentives to promote adoption of EVs amongst its citizens. We are confident that this move will help more people adopt EV as a technology and will contribute in the India’s journey towards a greener future for the country.”

Greg Moran, Co-Founder and CEO, Zoomcar said “As the national capital, Delhi has consistently shown visionary leadership on various sustainable initiatives such as the Metro, Odd-Even, and CNG infrastructure. Today’s roll out of 100 EVs coupled with best-in-class fast charging infrastructure is an extension of the Delhi government’s vision for a cleaner, greener India. Zoomcar is pleased to partner with the Mahindra Electric team once again to lead the transition to an all-electric urban mobility model.”

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