Mahindra Electric, a part of the Mahindra Group and Zoomcar together announced the extension of their service of offering EVs as shared mobility solution in Pune. The companies will offer 50 e2oPlus in Pune, on both the self-drive rental as well as ZAP subscribe program. The e2oPlus will be available on at an affordable price of 9999/- per month under the ZAP Subscribe program in order to get a personal car, without the hassles of down-payment, service & insurance.
Speaking on the occasion Mahesh Babu, CEO, Mahindra Electric said, “Mahindra Electric, as the pioneers of electric mobility in the country and Zoomcar, as the leading shared mobility platform, have joined hands to bring electric mobility technology to more and more people. Today, we are proud to extend our association and introduce our EVs on Zoomcar’s shared mobility platform in Pune. This initiative comes as one of the first steps after the announcement of Maharashtra’s EV policy and we are positive that it will contribute to the state’s mission of rapid adoption of EVs.”
Also sharing his views on the initiative, Greg Moran, Co-Founder and CEO, Zoomcar said “We’re thrilled to once again partner with Mahindra Electric to bring innovative, green mobility solutions to the people up Pune. First through our PEDL cycle service and now with our electric vehicle launch, Pune continues to demonstrate strong leadership in supporting innovative first and last mile urban mobility solutions.”
The initiative aims at promoting connected, shared and electric mobility as a model in Pune, in line with the recommendations in the NITI Aayog report on the government’s 2030 vision and the vehicles were flagged off in the presence of Dr. Rajendra Jagtap, CEO - Pune Smart City Development Corporation Ltd (PSCDCL). Pune has been selected to start the initiative as the city is an upcoming IT centre and is an important hub in the state of Maharashtra. According to the the MoU that Mahindra had signed with the Government of Maharashtra last month, the company is working on strategic alliances to deploy EVs across key cities in Maharashtra. Also, Mahindra and the Maharashtra Government are working closely with various other fleet partners, taxi aggregators, logistics companies with an aim to deploy 1,000 electric cars over the next one year.
Also, the vehicles under this initiative are financed as a part of larger financing arrangement between Zoomcar and LeasePlan which will see Zoomcar obtain customized EV financing. However, Mahindra Finance will continue to finance partners in various other cities for Zoomcar & Mahindra Electric for EV financing. Pune is the sixth city where Mahindra Electric has partnered with Zoomcar to promote connected, shared and electric mobility across India. Other cities that already get these services include - Mysuru, Hyderabad, Jaipur, New Delhi, Mumbai and Kolkata.
Zoomcar allows users to rent cars by the hour, day, week, or month and operates in nearly 35 cities across India. The company was founded in 2013 and in 2017, it introduced India’s first peer2peer based marketplace for cars with the launch of ZAP, while in February 2018, Zoomcar inaugurated India’s first car subscription program under the ZAP umbrella. On the other hand, Mahindra Electric is India’s only EV manufacturer with indigenously developed EV technologies with the most diversified portfolios of electric vehicles with the e2oPlus hatch, the eVerito sedan and the eSupro mini-van and panel vans.