Thursday, July 27, 2023
Mahindra & Mahindra Ltd has signed a memorandum of understanding (MoU) with NXP Semiconductors to jointly explore the electric and connected vehicle landscape, covering a wide range of vehicles including utility vehicles, light commercial vehicles, farm equipment, and tractors.
Mahindra intends to utilize NXP’s extensive portfolio, innovative automotive system solutions, and expertise in zonal and domain controllers, electrification, advanced vehicle networks, and secure car access technologies for their upcoming platforms. The step is in line with Mahindra’s commitment to deliver innovative solutions that enhance the safety, eco-friendliness, and overall enjoyment of the commuting experience for its customers.
“We are thrilled to explore opportunities to leverage NXP’s advanced technologies and solutions to build SUVs that are safer, highly connected, and environmentally friendly. At Mahindra, we are driven by our mission to elevate people’s quality of life through innovative and cutting-edge technology. Together, we endeavor to shape the future of smart electric mobility and deliver extraordinary experiences to our consumers,” said Rajesh Jejurikar, Executive Director & CEO – Auto and Farm Sectors, Mahindra & Mahindra.
“We are excited to collaborate with Mahindra and Mahindra, a company with a rich history of transforming the fast-growing automotive space in India and a focus on striving to improve quality of life through mobility. By working together and leveraging our rich portfolio of technologies, solutions and expertise, NXP and M&M are charting a course to build a brighter tomorrow,” said Kurt Sievers, President & CEO, NXP.
Mahindra will also get access to NXP’s robust partner ecosystem, comprising Tier 1, ODM, IDH, module vendors, and integrators. This will also provide valuable insights into NXP’s technology roadmap, encompassing synergistic areas like the Smart Home and Industrial sectors.
By: DocMemory Copyright © 2023 CST, Inc. All Rights Reserved
|