Potential offtaker

Mahindra Automotive North America

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Mahindra Automotive North America (MANA) is a subsidiary of Mahindra & Mahindra, a multinational conglomerate based in India. MANA was established in 2013 with the aim of designing and manufacturing vehicles for the North American market. The company is headquartered in Auburn Hills, Michigan and has a manufacturing facility in Detroit.

MANA's product portfolio includes off-road vehicles, commercial vehicles, and electric cars. The company's flagship product is the Roxor, an off-road vehicle that is designed to resemble the iconic Jeep. The Roxor is manufactured in Detroit and is sold in the United States and Canada.

MANA is committed to decarbonisation and has taken several steps to reduce its carbon footprint. The company has implemented energy-efficient practices in its manufacturing facility and has invested in renewable energy sources. MANA has also adopted a corporate energy strategy that focuses on reducing its energy consumption and increasing its use of renewable energy.

One of the key initiatives that MANA has undertaken to support its decarbonisation efforts is the adoption of corporate power purchase agreements (PPAs). A PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy from the provider. PPAs are a popular way for companies to support renewable energy development and reduce their carbon footprint.

In 2019, MANA signed a PPA with DTE Energy, a Michigan-based utility company, to purchase 24 MW of wind energy. The wind energy will be used to power MANA's manufacturing facility in Detroit, which produces the Roxor. The PPA is expected to reduce MANA's carbon emissions by 12,000 tons per year, which is equivalent to taking 2,500 cars off the road.

MANA's commitment to renewable energy and decarbonisation is also evident in its manufacturing facility in Detroit. The facility has implemented several energy-efficient practices, such as LED lighting, motion sensors, and energy-efficient heating and cooling systems. The facility also has a 500 kW solar panel array on its roof, which generates renewable energy to power the facility.

MANA's commitment to renewable energy and decarbonisation is not only good for the environment, but it also makes good business sense. By reducing its energy consumption and adopting renewable energy sources, MANA is able to reduce its operating costs and improve its bottom line. In addition, by adopting sustainable practices, MANA is able to attract environmentally conscious customers who are looking for products that are produced in an environmentally responsible manner.

MANA's commitment to renewable energy and decarbonisation is also evident in its corporate culture. The company has a sustainability committee that is responsible for developing and implementing sustainable practices throughout the organization. The committee is made up of employees from various departments and is chaired by the company's CEO.

In addition to its commitment to renewable energy and decarbonisation, MANA is also committed to corporate social responsibility. The company has a strong focus on community development and has established several initiatives to support the communities in which it operates.

One of the key initiatives that MANA has undertaken to support community development is the Mahindra Rise Scholars program. The program provides scholarships to students from low-income families who are pursuing higher education in science, technology, engineering, and math (STEM) fields. The program is designed to help students overcome financial barriers and achieve their academic and career goals.

MANA is also committed to supporting local businesses and has established a supplier diversity program. The program is designed to promote the use of minority-owned and women-owned businesses in MANA's supply chain. The program is designed to help promote economic development in the communities in which MANA operates.

In conclusion, Mahindra Automotive North America is a company that is committed to decarbonisation, renewable energy, and corporate social responsibility. The company's commitment to sustainable practices is evident in its manufacturing facility, its corporate culture, and its community development initiatives. MANA's adoption of corporate PPAs and renewable energy sources is a testament to its commitment to reducing its carbon footprint and supporting renewable energy development. The company's commitment to sustainability not only benefits the environment but also makes good business sense by reducing operating costs and attracting environmentally conscious customers.