Mahindra To Develop A Dedicated EV Platform | V3Cars
Mahindra has been a pioneer in the Indian EV industry as it was the first mass-market carmaker to enter the EV market with the launch of the e2o and the e-Verito. While the carmaker was unable to make any mark with the launch of the two EVs, Mahindra continued to work on the EVs both for commercial and personal mobility.

Now, furthering its commitment to the EV market in India, Mahindra has confirmed that it plans to invest Rs 3,000 crore towards EV development. Talking to PTI, Anish Shah, Mahindra Group Managing Director and CEO, reportedly said “ So, for EVs, we are going to invest Rs 3,000 crore additional to what we have talked about.”
Mahindra had already a significant sum of money at its Chakan facility towards manufacturing new EVs and EV component along with additional fund for research and development purposes. The additional investment of Rs 3,000 crore will further boost Mahindra’s future EV plans. The said investment will be spread over 3 years and it will include the development of a new dedicated EV platform.
Mahindra has confirmed that the new platform will be developed with the help of various Mahindra group companies like the Automobili Pininfarina, Mahindra Automotive North America (MANA), and the brand’s own Formula E racing team. The carmaker is also open to new joint ventures for EV development. It has already signed an MoU with REE (Automotive), an Israeli EV company, for the development of smaller trucks and commercial vehicles.
Mahindra’s initial focus will be on last-mile connectivity and electric vehicles for the commercial sector including electric 3 wheelers as the carmaker believes that the personal electric 4-wheeler market will still take a few more years to develop.
While we will have to wait a few more years to see the EV based on Mahindra’s new dedicated EV platform, Mahindra already has some EVs that can go on sale sooner. Mahindra showcased the electric versions of the KUV100 and the XUV300 at the 2020 Auto Expo in the near-production form. If Mahindra plans to launch the XUV300 electric, it will be a direct rival to the Tata Nexon EV, which is the best-selling EV in India.
Here is a look at Mahindra’s current lineup of EVs. It includes e2o Plus, eVerito, eSupro, Treo, Treo Zor and eAlfa Mini. While the e2o Plus and the eVerito are targeted towards personal mobility, the remaining models are targets towards the commercial sector including cargo and people mover.
0 Comments
Mahindra Cars in India
Scorpio-N
₹11.99 - ₹23.90 lakh*
*Ex-showroom priceXUV700 7-Seater
₹16.53 - ₹24.58 lakh*
*Ex-showroom priceXUV700 5-Seater
₹13.18 - ₹18.92 lakh*
*Ex-showroom priceBolero Neo
₹9.29 - ₹11.78 lakh*
*Ex-showroom priceThar
₹13.53 - ₹16.03 lakh*
*Ex-showroom priceBolero
₹9.33 - ₹10.26 lakh*
*Ex-showroom priceXUV300
₹8.42 - ₹13.92 lakh*
*Ex-showroom priceeVerito
-
*Ex-showroom priceScorpio (2002-2022)
₹13.54 - ₹18.62 lakh*
*Ex-showroom priceKUV100 NXT
₹6.06 - ₹7.72 lakh*
*Ex-showroom priceBolero Pick up
₹8.27 - ₹8.53 lakh*
*Ex-showroom priceMarazzo
₹13.17 - ₹15.35 lakh*
*Ex-showroom priceAlturas G4
₹28.88 - ₹31.88 lakh*
*Ex-showroom priceUpcoming Mahindra Cars
XUV300 Turbo
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Jul 2022
Scorpio Classic
₹12.00 - ₹15.00 lakh*
*Expected PriceExpected Launch Sep 2022
XUV700 6 Seater
₹12.60 - ₹18.00 lakh*
*Expected PriceExpected Launch Oct 2022
eKUV100
₹9.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Oct 2022
XUV300 Electric
₹15.00 - ₹20.00 lakh*
*Expected PriceExpected Launch Jan 2023
XUV400 EV
₹11.50 - ₹16.00 lakh*
*Expected PriceExpected Launch Jan 2023
E XUV700
₹15.00 - ₹20.00 lakh*
*Expected PriceExpected Launch Mar 2023
Thar 5 Door
₹14.00 - ₹18.00 lakh*
*Expected PriceExpected Launch Mar 2023
Next Gen XUV500
₹13.00 - ₹18.00 lakh*
*Expected PriceExpected Launch Dec 2023
All New XUV300
₹8.50 - ₹13.50 lakh*
*Expected PriceExpected Launch Mar 2024
All New Bolero
₹10.00 - ₹12.50 lakh*
*Expected PriceExpected Launch Mar 2024
W620
₹25.00 - ₹30.00 lakh*
*Expected PriceExpected Launch Mar 2024
XUV e8
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Dec 2024
XUV e9
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Mar 2025
BE 05
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2025
S204
₹12.00 - ₹16.00 lakh*
*Expected PriceExpected Launch Dec 2025
BE 07
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Oct 2026
BE 09
₹45.00 - ₹50.00 lakh*
*Expected PriceExpected Launch Dec 2026
Latest Mahindra Cars Videos
2022 Mahindra Scorpio N Diesel-Manual Variants Explained | Z2, Z4, Z6, Z8, Z8L | July
2022 Mahindra Scorpio-N Petrol Automatic Drive Review | The First Impression | June
Mahindra Scorpio-N Launched | Prices, Exterior, Interior Details | June 2022
Mahindra Thar Diesel Automatic Review | The Sensible Review | April 2022
2022 Mahindra Thar Variants Explained | AX Opt, LX | Petrol & Diesel | The Ultimate Analysis | April
Mahindra XUV700 Petrol Automatic Review | The Sensible Review | Jan 2022
Mahindra XUV700 AX3 vs Tata Harrier XE | Which Is Better? | Dec 2021 | The Ultimate Analysis
Mahindra XUV700 Diesel Variants Explained | MX, AX3, AX5, AX7, AX7 Luxury | Dec 2021
Mahindra XUV700 Petrol Variants Explained | MX, AX3, AX5, AX7, AX7 Luxury | The Ultimate Analysis
Mahindra Bolero Neo Variants Explained | N4, N8, N10 | July 2021 | The Ultimate Analysis