M&M's strategy of prioritizing R&D has helped it to come up with futuristic autmotive brands with world-class features. The company believes that by staying at the forefront of technology, it can deliver the loftiest expectations of our customers, the company said in a media release.
So far, the company has been conferred 1185 patents across multiple geographies, and it has 193 applications awaiting patent approval, as of March 31, 2024. Cumulatively, it has filed 2212 patent applications to date. The patent portfolio also includes fillings by M&M's subsidiary, Mahindra Electric Automobile Ltd. The company has also got 115 designs registered and 178 new applications filed, the release said.
Rajesh Jejurikar, ED & CEO [Auto & Farm Sectors], Mahindra & Mahindra, said, “We are constantly working to push the frontiers of what is possible in the automobile and farm equipment segments. Our relentless pursuit of cutting-edge technologies has enabled us to create the safest and most advanced products and positioned us as a true innovator in the industry. We understand the importance of being future-ready; therefore, we have made significant R&D investments to ensure that we stay ahead of the curve in terms of technology and talent.”
M&M’s patent portfolio covers a range of critical functions, such as powertrain (ICE & EV), vehicle mechanical systems, electronics, manufacturing processes, electric tractors, and advanced engineering, among others. These patents have led to pioneering new technologies that have redefined the automotive and tractor segments, creating the safest and most cutting-edge customer experiences, the release added.
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