Mahindra was to invest INR 3,000 crore in the joint venture company with Ford. Now, it plans to use a part of that reserved fund to develop a new EV platform, as per a report from autocarpro.in.
The production Mahindra Atom has been spied, and its interior shows one change from Auto Expo 2020 version. Here’s the final version of the electric quadricycle.
Update – Mahesh Babu, MD & CEO, Mahindra Electric, has confirmed in an interview with thehindubusinessline.com this month that the Mahindra eKUV100 will go on sale in the first quarter of next year.
With the Mahindra eXUV300, CEO Mahesh Babu says within a year of its launch, every component in the car but the battery cell would be made in the country.
Mahindra plans to sell 5 lakh EVs in India by 2025. It remains bullish on the EV sector despite the delays in its EV launches due to the COVID-19 pandemic.
Here’s the fastest electric car made in India – the Mahindra e2o Type-R, faster than the Hyundai Kona Electric, the most expensive made in India EV.
The Mahindra Group has started receiving investment offers for Mahindra Electric, and it is finalising these offers, as per a new report from moneycontrol.com.
Mahindra has announced a INR 500 crore tech and R&D center in Bengaluru which will fastrack the market introduction of its electric vehicles.
EVW understands that Mahindra Electric is waiting for conditions to stabilize as the country’s fleet operators. It is likely to open eKUV100 bookings in late 2020.
In December 2019, a report on ET Auto stated that M&M is working on a new SUV with Ford that could be called Mahindra XUV400 and that it would get a plug-in hybrid variant.