Mahindra Electric and Zoomcar extend self-drive, rental EV programme to Delhi

by Autocar Pro News Desk , 10 Apr 2018

L-R: Mahesh Babu, CEO, Mahindra Electric; Amitabh Kant, CEO, NITI Aayog; and Greg Moran, co-founder and CEO, Zoomcar, in New Delhi today.

Mahindra Electric and shared mobility provider Zoomcar have announced the extension of their service of offering EVs as a shared mobility solution to New Delhi. Under this, 100 e2oPlus, Mahindra’s all-electric city smart car, will be offered on the Zoomcar platform in Delhi. The vehicles were launched today 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, which is one of the most polluted cities in India and an important business and urban hub, makes for a good choice for this initiative. 

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

According to Mahesh Babu, CEO, Mahindra Electric, “Mahindra Electric has been a pioneer in the EV space and continuously explores associations to increase adoption of EVs in the country. 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 India’s journey towards a greener future for the country.”

Greg Moran, co-founder and CEO, Zoomcar said “Delhi has consistently shown visionary leadership on various sustainable initiatives such as the Metro, Odd-Even, and CNG infrastructure. Today’s rollout 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.”


Also Read:  Mahindra & Mahindra has 16 percent stake in Zoomcar

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