Will be launched between 2024 to 2026
The five SUVs that Mahindra & Mahindra has announced to launch are named XUV.e8, XUV.e9, BE.05, BE.07 and BE.09. Mahindra company said that the first four variants are planned to be launched between 2024 and 2026. The company has introduced all these electric cars at an event in London. The first four will be launched over the next four years between 2024 and 2026. According to the company, these electric cars will catch the hour speed at 0-100 km in 5 to 6 seconds.
Plan to invest more than 1 billion
Mahindra plans to invest more than $1 billion in the electric vehicle segment. The company has also started raising funds. Mahindra & Mahindra last month raised Rs 1,925 crore ($250 million) in funding from British International Investment and the UK’s Development Finance Institution at a valuation of Rs 70,070 crore ($9.1 billion). The company is making all these SUVs on the INGLO platform. The length of the vehicles will be between 4,368 mm and 4,735 mm.
Battery will be 80 percent charged in half an hour
According to the company, the battery of the car will be up to 60-80 kW. The car’s battery will support 175 kW fast charger. The battery can be charged up to 80% in less than 30 minutes with this charger. The range will be from 435 to 450 km.