{"id":514233,"date":"2022-08-16T10:19:22","date_gmt":"2022-08-16T04:49:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=514233"},"modified":"2022-08-16T11:37:54","modified_gmt":"2022-08-16T06:07:54","slug":"volkswagen-ag-mm-deepen-ev-component-co-operation-sign-term-sheet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/volkswagen-ag-mm-deepen-ev-component-co-operation-sign-term-sheet\/","title":{"rendered":"Volkswagen AG, M&amp;M deepen EV component co-operation, sign term sheet"},"content":{"rendered":"<p>FRANKFURT (Reuters) &#8211; Volkswagen AG and Mahindra and Mahindra on Monday expanded their cooperation and signed a term sheet under which the German carmaker will supply electric components to its Indian peer.<\/p>\n<p>The agreement covers components of Volkswagen&#8217;s open platform for electric vehicles (EVs), called MEB, to be supplied to Mahindra&#8217;s new electric platform INGLO, the companies said in a joint statement.<\/p>\n<p>The cooperation aims for a volume of more than 1 million units over lifetime and includes the equipment of five all-electric sports utility vehicles (SUV) based on INGLO, the companies said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT (Reuters) &#8211; Volkswagen AG and Mahindra and Mahindra on Monday expanded their cooperation and signed a term sheet under which the German carmaker will supply electric components to its Indian peer. The agreement covers components of Volkswagen&#8217;s open platform for electric vehicles (EVs), called MEB, to be supplied to Mahindra&#8217;s new electric platform INGLO, the companies said in a joint statement. The cooperation aims for a volume of more than 1 million units over lifetime and includes the equipment of five all-electric sports utility vehicles (SUV) based on INGLO, the companies said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-514233","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=514233"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/514233\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=514233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=514233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=514233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}