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They have a global exclusivity arrangement with their Chinese suppliers for their model moulds. The lithium-titanate-oxide (LTO) battery is a type of rechargeable battery which has the advantage of being faster to charge than other lithium-ion batteries, but the disadvantage of having a much lower energy density.
After he joined the board of M & M a few years ago, he was persuaded to buy a Mahindra Electric car! Western / Chinese battery materials are optimised for performance in a temperature range of 15 to 30 C. To the extent that their Chinese supplier wants to use IIT Madras technology now. High C rates hurt batteries.
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