Mahindra to launch three high performance electric cars by 2020; hopes battery cost to come down resulting in cheaper EVs
Mahindra is working on high performance electric cars that will arrive in the domestic market by 2020. The homegrown auto major is working on three electric vehicles that are expected to be launched by the end of this decade and all this models will arrive with impressive performance capability. One of these models will have range of up to 350 kilometre.
Speaking about its upcoming electric cars, the automaker says these three models will come with top speed capability of 186 kmph, 150 kmph and 190 kmph. These three models will be able to accelerate to 100 kmph from standstill position in 9, 11 and 8 seconds respectively. Also, these cars will come with running range of 350 km, 250 km and 300 km respectively. However, it is not sure which vehicle will come with which specification. But we can hope to learn more in coming days.
Mahindra has also confirmed that its all future SUVs and crossovers will come with an electric variant. The company has become a part of government agency EESL’s massive EV fleet project. Mahindra has already delivered the models as required in the first phase of the tender. The company is also gearing up for bidding in the second phase as well. This massive EV fleet order is claimed to have boosted the brand’s electric vehicle drive.
Mahindra is currently the biggest EV operator in the country market with four electric vehicles on offer. As we have reported earlier, the company is working on more EVs. The brand’s next zero emission model is going to be the KUV100 EV that will launch later next year, while an electric powered version of the XUV500 SUV will be introduced in 2019.
While the Indian government has been encouraging the electric mobility across the country under its ambitious Mission EV 2030 strategy, several automakers are working on their EV products. Mahindra wants to consolidate its strength and hold the pole position. Despite slightly increased customer response, electric vehicles are yet to grab the desired sales result in India compared to conventional fuel powered vehicles.
Mahindra hopes by 2020, cost of electric batteries will be lowered compared to now and this will certainly result in cheaper pricing for the electric vehicles. With this, customers are expected to show higher interest on these zero emission vehicles.