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      Mahindra Electric Pickup Truck To Debut On 15th Aug – Scoop

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      An electric pickup truck could finally be the right product for Mahindra to crack the elusive North American marketNew Mahindra Electric Pickup Truck – RenderEarlier this year, Mahindra teased three electric SUVs of varying sizes. The automaker is preparing for their global premiere in the UK on 15th of August, our Independence Day. The venue makes sense as majority of the design process of these vehicles has been handled by the UK-based Mahindra Advanced Design Europe (MADE).We have learnt that one of the three upcoming EVs is a lifestyle pickup truck which will primarily be catering to the North American market. This array of zero emission products will usher in a new design era for Mahindra and Mahindra under the leadership of Pratap Bose. Mahindra North American Technical Center is said to be leading the engineering part.Mahindra Electric Pickup ConceptNothing much is known about the new Mahindra electric pickup or its siblings but we expect them to be based on a modular platform which is likely to take advantage of the recent component sharing tie-up with Volkswagen Group. As per the partnership, Mahindra gets to use critical EV components from the German giant’s MEB electric platform.Both single and dual-motor configurations are expected to be on offer but it’s too early to speculate about output figures or battery capacity. However, it is being rumoured that the battery packs will be sourced by LG and a Chinese supplier. All the three cars are estimated to have a range in excess of 400 km.Mahindra Born Electric SUVs – Teaser. Of these three, one is an electric pickup.The Indian SUV specialist has been having a strong aspiration to take the brand global for years now, but things haven’t panned out yet. However, a design center in the UK and a technical center in North America highlights that Mahindra has not given up on its global ambitions.Mahindra Electric International PlansThe acquisition of SsangYong failed to yield expected results and previous attempts to enter the North American market did not take off either. The Roxor has been marred by a lengthy legal battle with Jeep which eventually led Mahindra to significantly redesign its product. The company will be hoping that the new electric pickup truck and its SUV siblings could give it the much needed break in North America and other key overseas markets.In what comes as a significant boost to Mahindra’s global EV plans, British International Investment has announced an investment of up to INR 1,925 crore into a new electric 4 wheeler entity which will be wholly owned by M&M.To be incorporated under the banner Electric Vehicle Co., the new entity will have a capital infusion of around INR 8,000 cr (USD 1 billion) between FY24 and FY27 with both BII and M&M bringing in like-minded private investors. Further details about the EV Co. are expected to be revealed during the world premiere of the 3 new EVs next month. More

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      Mahindra Plans To Overtake Tata Motors In Electric SUV Race

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      By 2027, Mahindra aims to have its electric SUVs contribute around 20-30% of the company’s overall SUV salesMahindra XUV400 Electric SUV Render By GenX DesignsMahindra is among the first established players to enter the EV space. It started with acquisition of Reva in 2010, followed by launch of e2o in 2013 and e2o Plus in 2016. Over the years, Mahindra’s EV portfolio was expanded to include eVerito, eSupro passenger and cargo van and electric three wheelers Treo and eAlfa Mini.However, in electric passenger car segment, it’s Tata Motors that currently leads with Nexon EV. This could change soon, as Mahindra has chalked out a detailed EV roadmap. If things go as per plans, Mahindra might overtake Tata Motors in EV sales. Mahindra chairman Anand Mahindra has also hinted that having strong competitors like Tata Motors prompts them to do better.Mahindra upcoming electric SUVsMahindra first electric SUV will be XUV400, which will directly rival Tata Nexon EV. It is scheduled to debut later this year in September. Sales of XUV400 are expected to commence in first quarter of CY2023. XUV400 will utilize XUV300 platform and is not a born-electric car. It is expected to have a range of around 300 km. In comparison, Nexon EV has a certified range of 312 KM. Recently launched Nexon EV Max variant has ARAI certified range of 437 km.After XUV400, Mahindra will be launching four more SUVs by March 2026. Some of these could utilize an entirely new born-electric platform currently being developed by Mahindra. Earlier, the company had stated that it is exploring possibilities of a tie-up with Volkswagen AG for supply of components needed for its electric vehicles. Partnerships with other companies, which can help boost Mahindra’s EV business, can also be considered.Anand Mahindra RespondsFocus on investmentsAs developing new EV platforms from the ground-up requires sizable resources, Mahindra is actively looking for investments. To ensure funds are easily accessible for its EV business, Mahindra has launched a new EV subsidiary. This entity will focus on developing passenger electric cars. The first investor is British International Investment (BII), which will be investing $250 million (approx. INR 1,986 crore) in the new entity. Mahindra will be contributing an equal amount.With the investment by BII, valuation of the new EV entity is at $9.1 billion (approx. INR 70,000 crore). Mahindra said that it will continue looking for more investments with the goal to achieve leadership in passenger EV space. New investments will also help achieve higher valuation of the new EV entity.Even though Mahindra is currently nowhere close to Tata Motors in passenger EV space, it has done better in terms of getting investments. Last year, Tata Motors had secured funding worth $1 billion from TPG’s Rise Climate Fund with valuation at approximately $9.1 billion.Mahindra will also be looking to leverage incentives worth billions of dollars being offered by Government of India. This is aimed at boosting EV production and adaptation and subsequently reducing the nation’s carbon footprint. Mahindra is looking at electric SUV sales at 20-30%  of its total SUV sales by March 2027. At 30%, the company expects volumes to be around 2 lakh electric SUVs per year.Source More

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      Mahindra XUV400 Electric Debut Sep 2022 – New EV Company Formed

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      Mahindra has announced the formation of a new EV subsidiary that will focus on marketing world class electric SUVsMahindra XUV400 Electric SUV Render By GenX DesignsMahindra can be considered as the first major OEM in India to enter the electric car segment. After taking over Reva, they formed Mahindra Electric and introduced cars like e2O and e2O Plus. These were also launched in international markets. But sales failed to meet expectations. And soon these were discontinued.Fast forward to 2022, Tata Motors has become the leading electric car maker in India. Their Nexon EV is a huge hit. Mahindra is nowhere to be seen in the passenger electric car segment. But that is soon going to change.New Mahindra EV CompanyMahindra has announced the formation of a new EV subsidiary. This new Mahindra EV company will launch electric 4 wheel vehicles for the global market. Mahindra has already received Rs 1,925 crore investment for the same from British International Investment (BII).BII (formerly known as CDC Group), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crores each into a wholly owned subsidiary of M&M that will be newly incorporated (“EV Co.”). BII will invest up to Rs 1,925 crores in the form of compulsory convertible instruments at a valuation of up to Rs. 70,070 crores, resulting in 2.75% to 4.76% ownership for BII in the EV Co. The EV Co. will focus on four-wheel (4W) passenger electric vehicles.Despite trailing @TataMotors in the EV race, Interestingly, @MahindraRise has raised $250 million in its EV subsidiary at the same valuation of $9.1 billion as the maker of Nexon and Harrier. @tpg invested $1 billion 11-15% in @TataMotors at a valuation of $9.1 bn https://t.co/0kMX7bBkOF— Ketan Thakkar (@ketanthakkarET) July 7, 2022The total capital infusion for the EV Co. is envisaged to be approximately Rs. 8,000 crores / USD 1 billion between FY 24 and FY 27 for the planned product portfolio. M&M and BII will work jointly to bring other like-minded investors in the EV Co. to match the funding requirement in a phased manner.BII’s investment is designed to significantly accelerate the availability and adoption of electric vehicles in India and other markets served by M&M. According to a recent survey by Roland Berger, a leading global automotive consulting company, Indian consumers are twice as likely as their counterparts in the UK and the US to consider the purchase of an EV. The investment alongside M&M in the new EV company supports BII’s undertaking that at least 30% of its total investments will be in climate finance.The EV Co. will significantly leverage the broader manufacturing capabilities, product development, design organizations along with the ecosystem of suppliers, dealers, and financiers of M&M. The funds will be utilized primarily to create and market a world-class electric SUV portfolio with advanced technologies.Mahindra XUV400 Debut In Sep 20222023 Mahindra XUV400 Electric spiedMr. Rajesh Jejurikar, Executive Director – Auto & Farm Sectors, Mahindra & Mahindra, commented: “Mahindra has very exciting plans to be a leader in the electric SUV space. We would share our vision that includes our comprehensive product, technology, and platform strategy at the UK event on 15 August 2022, followed by a reveal of the electric XUV 400 in September 2022. We would expect between 20% to 30% of Mahindra SUVs being electric by 2027”.Mahindra XUV400 electric is based on the XUV300 currently on sale in India. It is derived from SsangYong Tivoli. Once launched, it will take on the Tata Nexon EV – which is the best selling electric car in India today. Claimed range is expected to be in the 300 kms region.Mahindra Born Electric SUVs Debut On 15th AugAt an event in the UK on 15th August 2022, Mahindra will reveal their all new Born Electric SUVs concept. Teasers of the same have already been floated on the internet. Going by recent teasers, it is apparent that all three electric SUVs will share quite a few styling highlights among each other. All three battery-powered SUVs will be based on a common design language which will include exterior highlights like C-shaped LED headlights and taillights, etc.Mahindra Born Electric SUVs – TeaserPreviously, Mahindra even teased interiors of the cabin of an electric SUV. The teaser did not mention which specific model it belongs to which suggests that Mahindra could adopt a common design language for all three SUVs. It showcased a new wraparound design of the dashboard with a dual-tone theme of black and red. Red section of the dashboard extends from the centre console to the driver’s side door trim.Like XUV700, it gets a twin-screen layout comprising an infotainment display and digital instrument cluster. Another interesting highlight is a hexagonal, two-spoke steering wheel and a massive panoramic sunroof. Cabin is further illuminated by blue ambient lighting. Overall, Mahindra has settled for a minimalist design for its cabin which looks clean. More

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      Mahindra XUV900 Electric Coupe SUV Teased – 15th Aug Debut

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      XUV900 will likely be the new flagship of Mahindra – It will be manufactured in India, but will be pitted as a global SUVMahindra XUV900 Electric SUV – New TeaserMahindra has been teasing us with their ‘Born Electric’ range of concept SUVs for some time now. The Indian automaker aims to electrify its vehicle portfolio and while doing so, aims to take its EVs to the world too.Mahindra was the first mainstream Indian automotive manufacturer to venture into EV space. They bought electric car manufacturing company Reva and introduced a few uninspiring vehicles. But Indian EV space was still very young and not very mature, and Mahindra failed big time. But Mahindra has completely revamped its EV aspirations. With Mahindra’s acquisition of Italian design firm Pininfarina, they have successfully managed to create one of the fastest EVs in the world, Battista.Pininfarina Battista is a 1900 bhp electric hypercar capable of accelerating from 0 to 100 kph under 2 seconds putting cars like Bugatti’s to shame. With the newfound expertise in EVs, Mahindra has set a roadmap for its EV portfolio in India and the world. They are set to launch 7 e-vehicles under the Born electric range of SUVs. This will further plaster Mahindra’s image as an SUV maker rather than a carmaker.Mahindra XUV900 Coupe electric SUVPratap Bose, Chief Design Officer at Mahindra took to social media to tease us about the upcoming electric SUV that will be a part of Born Electric SUV range. Designed at Mahindra Advanced Design Europe (MADE), the upcoming SUV will not only be Born Electric, it will also be a global SUV.[embedded content][embedded content]The teaser goes on to show how Mahindra has been incorporating their learnings at Formula E, on their new SUV. Looking at the video released by the company in the past, we can see the fighter jet cockpit-like interior with giant screens behind a futuristic steering wheel.The SUV also gets a new design language which will be a complete departure from some of the polarising designs Mahindra has today. The Indian manufacturer has given the upcoming SUV aerodynamic wheels that will reduce air resistance. With decreasing air drag, we can see an increase in the range of this EV. It will likely have one of the lowest drag coefficients of any cars manufactured in India.Mahindra claims that they are creating an all-original design philosophy with this upcoming electric SUV. They also claim that it will be just as exhilarating on the road as it is on the race track.Launch & CompetitionWhen Mahindra says that they’re putting ‘Sport’ back in electric SUVs, we can’t help but think about the rumoured XUV900 Coupe. Mahindra is all set to unveil their new electric SUV range on 15th Aug, in the UK. Launch will be in a few years. We expect to see the production version of this sporty electric SUV in 2023 or 2024. Mahindra is also set to reveal the electric version of XUV300 in Indian market soon. More

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      2024 Mahindra Thar Electric SUV Ready To Off Road – Render

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      With electric being the future, how does an all electric Mahindra Thar sound, or look?2024 Mahindra Thar Electric SUV RenderNew Mahindra Thar has been a run-away success. Despite being almost 1.5 years old, it still commands a long waiting period, which is something most other car brands can be envious about. Mahindra is also working upon a 5-door Mahindra Thar, which would focus a little more on comfort and interior space, without compromising on Thar’s iconic off-roading capabilities.While the 5-door Thar is still a few months away, interesting designers at Bimble Designs have envisaged how a 3-door Mahindra Thar would look like, if it lands up becoming a pure EV. If it does get launched, expect Mahindra Thar Electric to have a range in the region of 500 kms on full charge.2024 Mahindra Thar Electric SUVThe idea of a Thar EV is practical as we have already seen some massively powerful all electric pick-up trucks/SUVs getting launched in international markets in the last 2-3 years. Some of the names include Ford’s F-150 lightning, Hummer EV etc. Mahindra too has been working to re-enter the personal EV space, and an all electric Thar isn’t too much of a wild thought.Talking about the render, the model gets a clean futuristic design, along with some retro elements. Overall silhouette of Thar EV looks similar to that of standard Thar, however hard-core airless off-roading tyres and a heavy-duty suspension seem to have raised overall height of the off-roader.2024 Mahindra Thar Electric SUV RenderAt the front, the iconic Jeep inspired vertical slats get a design make-over and are all covered up, to suit the EV’s requirement. Large squared-off wheel arches and a reworked bumper make the SUV look dominating. Design of Headlamps and tail-lamps haven’t been changed much, possibly to retain the true Thar character.However, headlamps get a new LED element, which get complimented by LED bars present on the roof and front bumper. A functional roof rack along with ladders has also been added, to help users carry additional gears like a tent etc, during an off-roading trip.Mahindra Thar EV Rear DesignWhile Mahindra has some aggressive plans in the EV space, it remains to be seen if Mahindra will plan on bringing all-electric body-on-frame SUVs. As of now, most EVs in India are based on monocoque frames. If Mahindra can bring in an EV-setup on a body-on-frame platform, it will have the flexibility to spawn multiple models, like Thar EV, Scorpio EV and possibly even a Bolero EV.2024 Mahindra Thar Electric SUV RenderTalking about the standard Thar, it is offered with both petrol and diesel motor options. The diesel motor happens to be part of Mahindra’s iconic mHawk range and the 2.2 litre turbo diesel unit is capable of dishing out 130 hp and 300 Nm of peak torque. Customers opting for a petrol powerhouse get a 2 litre turbo petrol mStallion motor, which can churn out 150 hp and 320 Nm of max torque. Transmission options include 6-speed MT and 6-speed AT gearboxes. Select trims also get 4×4 capabilities.As of now, Mahindra is busy working for 2022 ScorpioN’s launch, which is scheduled to take place later this June. Post the ScorpioN, Mahindra might bring in an all-electric XUV300, which will land up becoming a direct rival to Nexon EV and Nexon EV max.Source More

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      Upcoming Mahindra XUV300 Electric To Take On Tata Nexon EV Max

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      Mahindra might name the upcoming electric SUV, XUV400 instead of Electric XUV300 as it will be a larger vehicleMahindra Funster Electric Concept. Image for reference.Mahindra was the first mainstream Indian manufacturer to venture into electric mobility for the masses. They acquired Reva, an electric car manufacturer, and launched the E2O, E2O Plus and E Verito in the Indian market. Mahindra was going to be a shining example with a very early start it had with electric vehicles. But the plan didn’t materialize as Mahindra expected.E2O and E2O Plus looked polarizing, had underwhelming performance and had questionable safety and integrity. E Verito on the other hand was too inferior as a product for the price it commanded. Despite the headstart, Mahindra didn’t become the mass-market EV leader that it hoped for. Instead, that title is held by Tata Motors, deservingly so. Tata Motors based their EVs on already popular and desirable cars like Tigor and Nexon unlike Mahindra with Verito and Reva cars.Mahindra XUV300 ElectricMahindra wants to get back in the EV game and XUV300 Electric will be its first product of the eight passenger EVs it plans to launch by 2027. The company is also considering a partnership with Volkswagen as the German automaker has a successful EV portfolio.Mahindra recently revealed that their first EV will be launched in the first quarter of 2023 and it will be around 4.2 metres in length. We expect the product to be unveiled by the end of 2022. Mahindra might name its first electric XUV400 instead of Electric XUV300. This shift in naming scheme might be due to the fact that the upcoming electric SUV will share its dimensions with SsangYong Tivoli instead of XUV300.2023 Mahindra XUV300 Electric aka XUV400 EV SpiedSsangYong is a South Korean automobile manufacturer that is a subsidiary of Mahindra & Mahindra. Tivoli is a compact MPV by SsangYong that measures a little over 4.2 metres in length. XUV300 SUV in India, is a chopped-up Tivoli with more ground clearance. Mahindra intends to retain Tivoli’s dimensions on their upcoming electric SUV and as it is bigger than XUV300, XUV400 name makes sense.With larger dimensions, XUV300 Electric will have a proportionate design and a decent boot capacity, unlike XUV300. Mahindra has also stated that XUV300 Electric will source high energy-dense NMC cells from LG Chem. NMC cells are superior to the cylindrical LFP cells found on Nexon EV and EV Max. With this move, XUV300 Electric might be more powerful and have a longer range than Tata’s EVs.Launch and CompetitionMahindra has officially announced that the electric version of XUV300 will be launched around first quarter of 2023. Even though the car was showcased at 2020 Auto Expo, supply scarcity for battery cells and other EV components specifically designed for XUV300 Electric has delayed plans. The uncalled Covid crisis is another factor for the delay.As EVs in India aren’t taxed as much, Mahindra isn’t bothering to trim down the Tivoli to fit sub 4-metre constraints. With the bigger size, it will be larger than Nexon EV and Nexon EV Max. It will be more comparable to MG ZS EV and Hyundai Kona which are similarly sized. We can expect the upcoming Mahindra electric SUV to be priced in similar range as Nexon EV Max. If Mahindra delivers a good product with more range than the Nexon EV Max, it will be a very compelling product for the Indian EV market. More

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      Mahindra Electric SUVs To Use Volkswagen Components – XUV400, XUV900

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      Mahindra has plans to launch as many as eight electric SUVs by 2027Image for reference.Mahindra has something big planned for its grand re-entry into the electric mobility segment. The homegrown carmaker has already teased its upcoming trio of electric SUVs ahead of their maiden official appearance slated in July later this year.While Mahindra continues to focus on IC engine models, it will spend significant resources on its upcoming battery-powered vehicles. The electric vehicles (EVs) teased by Mahindra recently will be based on a new Born electric skateboard hence they are being termed as Born EVs from Mahindra.Mahindra Volkswagen PartnershipToday, Mahindra and Volkswagen announced an interesting partnership. Mahindra intends to equip its ‘Born Electric Platform’ with MEB electric components such as electric motors, battery system components and battery cells. The Partnering Agreement evaluates the scope of collaboration – it indicates binding rules for the evaluation phase as well as the non-binding scope of supply.The binding supply agreement will be negotiated in a continued constructive and legally compliant way to conclude by the end of 2022. Designed as an open vehicle platform, the MEB electric platform and its components allows car manufacturers to build their portfolio of electrified vehicles, quickly and cost-effectively. The shared objective of the two companies is to electrify the Indian automotive market, one of the most important automotive growth markets and a key element in the global decarbonisation of the mobility sector.New Mahindra Electric SUVs – TeaserThomas Schmall, Volkswagen Group Board of Management member for Technology and CEO of Volkswagen Group Components, stated, “Mahindra is a pioneer in the electric mobility space in India and a great partner for our MEB Electric Platform. Together with Mahindra, we want to contribute significantly to the electrification of India, a huge automotive market with enormous growth potential and high relevance for climate protection. It’s another proof point that the MEB is both technologically state of the art and highly competitive in terms of cost. The MEB is thus progressively developing into the leading open platform for e-mobility, generating significant volume and economies of scale. That’s crucial for every company in the EV world and the key to competitive solutions for our customers.”Rajesh Jejurikar, Executive Director, Auto and Farm Sectors, Mahindra & Mahindra Ltd., stated: “We are very pleased to have Volkswagen, a significant global investor in the electric mobility space, as a strategic partner in achieving our ambitious Born Electric Vison. The complementarity of their extensive technology, innovation, and vertical integration in supply chains, will provide a framework to develop our next gen “Born Electric Platform”, to be revealed soon in Oxfordshire UK. Our teams across India, UK and Detroit are passionately creating a breath-taking future.”Volkswagen’s MEB Electric Platform is used by the Group brands Volkswagen, Audi, SKODA and SEAT/CUPRA as well as external partners. Responsibility for these partnerships has been assigned to the “Platform Business” unit created specifically for this purpose.Mahindra Electric SUVs teasedThe company will be introducing three new fully electric SUVs under its new ‘Born Electric Vision’. All three SUVs have reportedly been designed and conceptualised by Mahindra Advanced Design Europe (MADE) which is the brand’s new global design centre based in United Kingdom and headed by Pratap Bose. As per teaser videos released previously, the three born EVs consist of a compact SUV, a mid-size SUV and a Coupe SUV.All three SUVs will be underpinned by a new bespoke platform. First of them will be a compact SUV which is expected to be the battery-powered equivalent of XUV300. It is likely to be christened as XUV400 upon launch. Next will be a mid-size SUV that can share some similarities with XUV700. Last will be a premium coupe-style SUV which could wear a new name tag of XUV900. The company had filed a trademark for the same in the country earlier last year. More

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      Upcoming Mahindra XUV900 Coupe Electric SUV Sketch Render

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      Among the upcoming Born Electric SUVs from Mahindra, the XUV900 Coupe SUV is expected to be the flagship model in the lineupMahindra XUV900 Electric – Render SketchMahindra has been touted to make a grand re-entry into the electric mobility space with multiple new offerings. The carmaker recently teased three upcoming electric SUVs which are slated to make their maiden appearance in July this year, most probably as pre-production concepts.A lot of speculations have been made in regards to electric vehicle (EV) technologies, especially the platforms to be utilised by the upcoming battery-powered cars. More significant of those are the Born EV platforms which will underpin brand new electric cars and not battery-powered derivatives of IC engine models.Mahindra ‘Born Electric’ SUVsDubbed as the ‘Born Electric Vision’, all three electric SUVs teased have reportedly been designed and conceptualised by Mahindra Advanced Design Europe (MADE). It is the automaker’s global design centre based in the United Kingdom and headed by Pratap Bose. The three electric models revealed in the teaser video comprises a compact SUV, a mid-size SUV and a Coupe SUV.All three electric SUVs will be underpinned by a new bespoke EV platform. Out of the three, the Coupe SUV body style has been in discussion earlier. It should be noted that Mahindra filed a trademark for XUV900 last year which is expected to be the brand’s upcoming flagship offering. Considering recent developments, in all likelihood, the upcoming Coupe electric SUV could don the XUV900 trademark. Automotive design artist, SRK Designs has shared a render sketch of XUV900 coupe electric SUV.[embedded content][embedded content]XUV900 Coupe Electric SUVDesign of XUV900 is expected to borrow inspiration from the XUV Aero Concept which made its maiden public appearance at the 2016 edition of Auto Expo. Exterior highlights of the XUV900 Coupe include body panels like front fenders, hood and front doors that could be borrowed from the XUV Aero Concept. Internally condemned as W620, this upcoming Coupe SUV could also draw styling cues from XUV700 since it is based on the brand’s latest design philosophy.A few months back, Mahindra greenlit the development of the production-spec model of XUV900 which is slated to make its debut in 2024. In September last year, reports surfaced online which revealed that a working prototype of a fully electric XUV700 is ready. This prototype EV will be powered by a 54kWh battery pack sending power to one or more electric motors.This battery pack could also be offered in the XUV900 Coupe electric SUV. However, details at the moment are far too scarce to make an accurate assumption. More details are expected to come our way once the concept prototypes are unveiled by Mahindra in July this year.Other Mahindra Electric SUVsOther two models in the upcoming ‘Born Electric Vision’ are expected to be XUV400 and XUV700 Electric. The former is expected to be a fully-electric version of XUV300 otherwise commonly referred to as the eXUV300. A concept prototype of the same has already been showcased at the last edition of AutoExpo in 2020. Recently, a heavily camouflaged mule of the compact electric SUV was spotted testing on roads. More