Exports Of Made-In-India Peugeot Electric Scooter Begin | Mahindra Peugeot Electric Scooter

Exports Of Made-In-India Peugeot Electric Scooter Begin | Mahindra Peugeot Electric Scooter

#MahindraScooters #Peugeot #MadeInIndiaExport
Exports of made-in-India Peugeot electric scooter begin – Report

Mahindra & Mahindra has commenced the exports of the Made-in-India Peugeot e-Ludix electric scooter to the European market. Regular followers would know that Mahindra & Mahindra owns 51% stake in Peugeot Motorcycles (PMTC). The Indian brand is confident that the cost-saving measures, which include restructuring exercise of manpower, will result in positive earnings.
Speaking to analysts recently, Pawan Goenka, Managing Director, Mahindra & Mahindra, said:

I truly believe that the worst is behind us (for PMTC). We had done a major restructuring of manpower at our plant in Mandeure, France and that has been successfully completed. That was a one-time cost incurred and that will then lead to cost reduction in future years.

The Peugeot-branded electric scooter, which is exported to Europe, is manufactured at the factory in Madhya Pradesh. Mahindra & Mahindra made investments of 11.77 million euros (INR 100 crore) to develop the new product. Mahindra & Mahindra will most likely use the learnings from the development process of the Peugeot-branded electric scooter into its own range of products in the future.

Speaking about the new electric scooter, Goenka added:

We have invested a lot in product development including an electric scooter which is developed and manufactured in India before being shipped to Europe. The first shipment has started and we are just about starting that cycle. So we believe that in about a year’s time we would probably get to an EBITDA positive situation.
Mahindra & Mahindra isn’t the only Indian brand that is working on electric products for our market. Bajaj Auto is getting closer to introduce its Urbanite branded electric scooters. The Pune-based two-wheeler brand will also co-develop performance electric motorcycles with Austrian brand, KTM. The Indo-Austrian partnership will also introduce electric bicycles in our market.
On the internal combustion engine-powered two-wheeler front, Mahindra Two-Wheelers has introduced a new variant of the Mojo 300 that replaces both, the UT300 and the XT300 in the domestic market, and comes equipped with the safety-net of dual-channel ABS. The new Mojo 300 ABS was recently photographed in a new blue shade, and this colour option could be introduced soon.



Readers Comments (50)

  1. Asokan Ettimoodu March 16, 2021 @ 10:58 pm

    JAI HIND🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

  2. Bharat Sarkar NE swadeshi company ko hi badhava dena chahiye

  3. Asokan Ettimoodu March 16, 2021 @ 10:58 pm

    LOVE TO PULWAMA HEROS 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳❤❤❤❤❤

  4. Peugeot- Mahendra has exporting scooters and will sell in India, thanks.

  5. Sayan & Soumali March 16, 2021 @ 11:02 pm

    Jai hind🇮🇳❤ 💪.

  6. The Greedy Gamer March 16, 2021 @ 11:04 pm

    Jai Hind
    Jai Bhaartiya Jawaan
    Pulwama hmle me veergati ko praapt hue jawaano ko mera koti koti naman, Aapne jo kiya usko kabhi chukaya nhi jaa skta aur na hi uska mol hai, aap log mahaan the hai aur rahenge.
    Jai Sanatan Dharma.🙏🏽🙏🏽

  7. Adding solar panel roof, makes it’s range of travel double!

  8. Mahindra is only copy masters!

  9. Acoustic Liberal-Hindu March 16, 2021 @ 11:10 pm

    No Chinese,, #boycott Chinese products.. "Make in India-Made in India only..🙏🙏🙏

  10. Aj ke din Pulwama attack huya tha or 40 jawan viragati prapt kiya he #blackdayforindia

  11. Vinay bhimji patel jio scooter white, badlapur district thana, Maharashtra.

  12. Pls Push up more production Electric cars. Electric scooters
    Domestic market to cut our oil bills
    Also for export market to cut out china
    Jaihind 🇮🇳💪🏽🇮🇳💪🏽🇮🇳💪🏽

  13. E. V layenge to patrol per tex kaise milega?? 🤫🤐🤣🤣🤣

  14. atmanirbhar bharat make in india March 16, 2021 @ 11:13 pm

    Bhai aap daily news lao please

  15. Prakash singh G March 16, 2021 @ 11:15 pm

    This is the beginning of great revolution in motor industry.

  16. Paramveer Hindustani March 16, 2021 @ 11:17 pm

    India me minimum 150-220km range ke lanage

  17. nitish kesharia March 16, 2021 @ 11:18 pm

    महेंद्र के दो पेट्रोल स्कूटर तो बहोत लोगोको ज्यादा पसंद नही थे। कार हो या स्कूटर, इंजिन की आवाज़, स्ट्रोक की आवाज भी पसन्दगीमे मायने रखती है । 1 ली में क्या एवरेज है उनका महत्व तो है ही।
    इलेक्ट्रिक स्कूटर में बेट्री अगर पेट्रोल के करीब करीब हो जाता है तो तो फिरकेपेसिटी और माइलेज के बंधनो वाला स्कूटर ज्यादा पसंद नही होगा। क्योंकि आम लोगों बजट में रहते है।

  18. पर क्या यह गाडियां बारिश की मौसम में चलेगी???

  19. Chandan Chaudhary March 16, 2021 @ 11:21 pm

    Charging station jaruri h

  20. Bhai pahle mujhe ye Bata Tu itne gusse me Kyu rahta h 🤷

  21. Jai hind 🇮🇳🇮🇳 jai modi🇮🇳🇮🇳

  22. Charging stations need to b installed ASAP to boost EV market in India 🇮🇳 to achieve sucees both in domestic & over seas market .. MII 🇮🇳🔥..

  23. Jai hind 🇮🇳 🙏

  24. Likh ke lelo Agar aisa model 80km range me aayega toh flop hoga,
    Kimat to 80 hazar tak lenge, badleme kuch bhi nhi
    India me jyada price liya jata hai electric vehicles ka

  25. Mere Bhai it is spelled "Po – zo". Been in automobile industry for last 17 yrs. Thank you

  26. Hydrogen vehicle

  27. tata’s voltas made air conditioning for burj khalifa
    and tata steel supplied raw material to build burj khalifa
    this is power of tata 💪

  28. Tech Top gaming March 16, 2021 @ 11:31 pm

    Jai hind 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

  29. Himesh's Crazy {Alok - Rock } March 16, 2021 @ 11:31 pm

    Very Nice Scottie Look 👌👌

  30. Royalty Indians March 16, 2021 @ 11:32 pm

    Tribute to india army
    Pulwam attack pray for Our hero and there family

  31. Jai Hind sir 🙂🙏

  32. India is great

  33. Shaik Mahaboob Basha March 16, 2021 @ 11:36 pm

    We need low price bike please

  34. sport Auto center March 16, 2021 @ 11:38 pm

    Sir twowilar company kese khole is p video banaye

  35. Good news

  36. The best improvement in EV markets would be car recharge within single digit minutes (recharge or battery replacement).

  37. This electric scooters will be a winner when there are changing stations in large numbers. How many kilometres one has to drive before charging. Has it got self charging facilities in case of emergency?

  38. Aane wale 5 saalon mein India🇮🇳 electric 🚴bikes 🚘 car manufacturing mein India China ka BAAP hoga. 🙏🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

  39. Tejas Indian Air Force March 16, 2021 @ 11:45 pm



  41. Krishanu Mahanta March 16, 2021 @ 11:47 pm

    Not many charging stations in India.

  42. I like your content though!

  43. Jai Hind

  44. Gaming with Vimpir March 16, 2021 @ 11:49 pm

    Jay hind jay bharat mata 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

  45. Mahindra acquired this company 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

  46. Netflix ki ma ka bhosda

  47. 👍👍👍

  48. Ather sctoor is indian company sir 😊😊🇮🇳🇮🇳

  49. Today is Black day

  50. MII Jai hind bande matram 🇮🇳🇮🇳

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