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Mahindra’s electric XUV400 will arrive soon: Report

Highlights

  • Mahindra will reveal the upcoming XUV400 in September
  • It could offer feature a range of more than 350 km
  • The company will also unveil three new concepts based on the “Born Electric Vision”

Indian automobile manufacturer, Mahindra & Mahindra is trying to capture some of the limelight in the EV (electric vehicle) space, with industry rival Tata Motors’ Nexon EV Max, currently ruling the roost in the Indian EV market. With this in mind, Mahindra’s hotly-anticipated electric XUV400 could be officially revealed as early as September this year.

Also Read: MG4 EV launched, release timeframe, official images revealed

Early bookings for the new XUV400 are likely to commence shortly after the unveiling. However, the electric SUV may only reach customers by early 2023. Separately, Mahindra is also likely to unveil three new concepts inspired by the company’s “Born Electric Vision” for zero-emission automobiles.

The manufacturer has also set up a new EV company, known as EV Co, with British International Investment (BII) committing to invest Rs 1,925 crores in the venture as part of compulsory convertible instruments with a valuation of up to Rs 70,070 crores. The investment would also mean the UK Development Finance Institution and impact investors owning roughly 2.75% to 4.76% of Mahindra’s newly established EV entity.

It’s worth noting that the XUV400 is effectively the eXUV300, which made an appearance during the Auto Expo a couple of years ago. The final iteration of the upcoming XUV400 will be based on the X100 platform used in the SsangYong Tivoli.

Rumoured range and engine specs of the Mahindra XUV400

No specific details are available right now. One estimate suggests it could run for over 350 km on a single charge. However, it is unlikely to breach the MG ZS EV’s range of 461 km. Meanwhile, the Tata Nexon EV Max, which is the long-range version of the standard Nexon EV, is advertised to run for up to 437 km. It is likely that Mahindra will utilize a 150 hp single-motor electric engine with the new XUV400 EV.

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