Mahindra KUV100 electric variant could become a game changer for the Indian brand as it will look to grab volumes possibly with affordable pricing
Mahindra & Mahindra showcased some of its upcoming electric vehicles at the 2018 Auto Expo in February and chief among which the e-KUV100 did grab plenty of eyeballs. As we reported earlier, the auto major seems to be currently working on its future zero emission vehicles that include electric powered KUV100 and XUV500. Also, the brand aims to roll out two new EVs by 2019 allegedly.
While the electric powered KUV100 is expected to hit the market in late 2018 as per reports, the XUV500 EV could launch in late 2019. Mahindra is currently leading Indian EV market and it wants to consolidate its position keeping an eye towards the future competition.
Currently, Mahindra sells electric vehicles like e2o Plus and e-Verito alongside e-Supro. Upcoming EVs from the brand will certainly enhance its strength further. Apart from introducing new models, the homegrown auto major was said to be aiming to ramp up production capacity of its electric vehicles as well.
Mahindra has already invested Rs. 500 crore for the EV technology development. It plans to invest Rs. 600 crore more over next 2-3 years. Not only new product development, Mahindra is also focusing on building charging infrastructure that will eventually help in increasing its EV business.
According to a recent leak emerged on the internet, the eco-friendly KUV will be powered by a 72 volt LFP (Lithium Iron Phosphate) battery pack and it produces a peak power output of 30 kW (40.2 hp). The five-seater SUV may have electric range of 120 km on a single charge and the top speed could be around 100 kmph.
The numbers look promising on paper, if at all they are true. The KUV could steer conventional buyers into EV space if it is priced rightly in the domestic market and it could harbinger a number of new electric vehicles in the near future. While its pricing will play a key role, Tata Motors seems to be already lining up electrified Tigor and Tiago to give a fiesty competition.
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