Mahindra & Mahindra is set to unveil its all-new range of electric vehicles (EVs), the brand’s as yet unnamed electric passenger car subsidiary has just received an investment of Rs 1,925 crore from British International Investment, with the UK-based investment impactor receiving a 2.75-4.76 percent stake in the EV firm.
At the start of the year, not much was known of Mahindra’s EV plans, except that the brand intended to continue sticking to its sport utility vehicle (SUV) speciality even in the EV space, with 16 EV models earmarked for release (across private and commercial vehicle portfolio) by 2027. Out of these it’s the XUV400 that the brand aims to launch first, having just announced that it will debut as early as September this year.
In the meantime, Mahindra has kept our appetites whetted thanks to a teaser video for the upcoming EV unveil on the 15th of August – something of a customary launch date for the brand. Mahindra naming its upcoming launch event “Born Electric” is a way of telling the world that the electric SUVs will all be based on born electric skateboard platforms instead of being derivatives of internal combustion engine-powered vehicles, or ICE platforms retrofitted with an EV platform as is the case with all of Tata Motors’ currently sold EVs.
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