The proof of the pudding is in the eating. It's The Mahindra Born Electric Range that British International Investment senior officials got to see that convinced the BII team to invest $250 million along with like to like amount by Mahindra into the new entity called EV Co. at a valuation of Rs 70,070 crore ($9 billion)
M&M which will introduce eight new SUV EVs by 2027 of which 5 will be unveiled on 15th August, all developed at Mahindra Advanced Design Europe (MADE) studio in Oxfordshire.
Aneesh Shah Group Managing Director & CEO shared his views on the Born Electric Range during the launch of its Scorpio N had said that M&M will be looking to create a unique niche for its Born Electric range and its pricing too will make a big value proposition and act as a disruptor amongst the offerings made by its competitors.
Mahindras all eSUVs get an interesting 100 added to their names. The famous five include the electric version of the XUV700 gets one leg up in its moniker as XUV800 with a 2,750mm wheelbase based on a skateboard platform taken from its Volkswagen Collaboration to also include the batteries and a driving range of over 500kms.
Coupe versions could be called XUV900 and XUV1000 with the XUV 400 to be shown this September and it makes a debut by the first half of 2023 followed by the XUV 800 which is expected to start production in 2024.
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