Renesas and India M & M strategic cooperation in electric vehicles

In order to actively promote the development of overseas automotive electronic components business, significant progress has been made. Renesas Electronics announced that it will jointly develop electric vehicle technology with India's Mahindra & Mahindra, a major agricultural machinery manufacturer in India. Mahindra & Mahindra in India It is the first to invest in the electric vehicle business. Although its most important product is agricultural traction machine and has a partnership with Japan's Mitsubishi Heavy Industries (MHI), it also has a positive development in the automotive industry. It has formed a partnership with Matsushita Electric Industrial Co., Ltd. And South Korea's SsangYong Motor, which is actively cooperating with Indian government policies to develop the electric vehicle business, reported that Renesas knew that indra & Mahindra's development in the field of electric vehicles started with CES 2017, but did not know it was the only one participating In contact with the Indian Formula Vehicle manufacturer at the Formula E racing competition, it was found to be a good opportunity to get Renesas products famous, and Renesas autoship technology platform Renesas autonomy, released in April 2017, immediately Let Mahindra & Mahindra's electric racing team test, although both have not announced these measurements However, Mahindra & Mahindra won the team title third in terms of Formula One in 2017. After the success of the electromotive equation, the two sides decided to extend their cooperation in the field of electric vehicles to the general market to jointly develop electric vehicle power supplies Control of the semiconductor, gasoline and diesel car engine drive system, autonomous driving and other areas of new technology India is about to become the world's most populous nation, is a worthwhile entry into the high growth potential of the market, but the past bitter, now is a rare breakthrough, So Renesas Executive Director Yoshioka Shinichi said the cooperation is a valuable opportunity.Dhibagh Gill, CEO of Mahindra & Mahindra's Electric Formula Team, said that with the increasing importance of software for electric vehicles, Renesas Technology is very impressed with the vehicle technology Evolution, with unspeakable importance, I believe both sides will continue to grow.

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