Mahindra & Mahindra Ltd and LG Chem today announced a collaboration in the field of advanced Li-ion battery technology. Under the aegis of this collaboration, LG Chem will develop a unique cell exclusively for India application and will also supply Lithium-ion cells based on nickel-manganese- cobalt (NMC) chemistry with high energy density. These cells will be deployed in the Mahindra and SsangYong range of electric vehicles.

The company also announced that LG Chem will also design the Lithium-ion battery modules for Mahindra Electric, which in turn will create battery packs for the Mahindra Group and other customers. Mahindra had announced last year that a battery module plant is also under development. The plant will have a capacity of half a million battery modules per annum and will also house a battery module pack line and the entire facility for both module and pack is expected to go into production in the last quarter of 2020.

Mahindra & Mahindra Ltd

India