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Anand Mahindra-led Mahindra & Mahindra recently signed an MoU with NXP Semiconductors, a company dealing in secure connectivity solutions for embedded applications.
As part of the association, M&M and NXP will 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 said it intends to explore 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.
Rajesh Jejurikar, Executive Director & CEO of auto and Farm Sectors, Mahindra & Mahindra, said, "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 endeavour to shape the future of smart electric mobility and deliver extraordinary experiences to our consumers."
Kurt Sievers, President & CEO of NXP, said, “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.”
Additionally, The company 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, it said.
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