The Mahindra eXUV300 will likely become the first Made-in-India electric SUV to go to Europe. If priced well, the eXUV300 could have a strong demand in countries where there is a customer pull for budget e-SUVs.
M&M will use Automobili Pininfarina’s inputs in the development of the next-gen Mahindra electric cars for India.
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.
M&M has lined up an INR 1,500 crore investment for Mahindra electric cars and commercial vehicles. The company is committed to the growth of the EV market in India.
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.
Dr Pawan Goenka, Managing Director of Mahindra, recently talked about the issue with ETAuto when asked how the COVID-19 and low crude oil prices has impacted the EV development in India:
Mahindra showcased the eXUV300 at the Auto Expo 2020 along with electric vehicle concepts and production models. Now, the eXUV30 has been caught testing with some camouflage, published by TeamBHP member SKC-Auto.
Here’s the walkaround of the electric SUV that will be looking to entice personal car buyers, with its looks, design and features, who are in the market for a petrol vehicle. The XUV300 electric will become Mahindra’s first high-voltage, high-performance SUV.