The launch of the Mahindra XUV300 in India received a great response despite being a little more expensive than its rivals and the company is all set to add the little differentiating factor to it by introducing the electric version of the XUV300.
The XUV300 electric will make its way to the Indian market by 2020. Dr. Pawan Goenka, Managing Director, Mahindra & Mahindra, confirmed this development on the sidelines of the launch of the XUV300.
“When we bring out this product (XUV300) in the electric vehicle space, it’s going to create an a lot of excitement. It will have 380 volts, 200 km range and there will be an option to increase the range upto 350-400 km and this is what will create the excitement at a price point”, he said.
The XUV300 electric has been codenamed S210 and will be available in two variants – standard and long range.
The overall design of the car will remain unchanged but Mahindra will charge a premium for this electric version.
Mahindra & Mahindra Ltd and LG Chem’s collaboration in the field of advanced Li-ion battery technology will be the main fuel for the batteries of the SUV. Under the aegis of this collaboration, LG Chem will develop a unique cell exclusively for India application and will also supply Lithium-ion cells based on nickel-manganese- cobalt (NMC) chemistry with high energy density.
“I am encouraged with what’s happening but as of now, there’s no movement on ground. All are probably wait to see where the EV revolution goes. The support, desire, aspirations from the government is very high. Not a single department exists which doesn’t want to see EVs take off. We need to do more and Mahindra has always looked at how we can help in the EV movement.”, Dr. Goenka said.
The XUV300 EV will not be the first electric SUV to hit the Indian shores, as the Kona as also the Audi e-Tron will hit the markets this year.