British International Investment (BII) will be injecting Rs 650 crore into Mahindra Electric Automobile (MEAL), lower than what was initially planned, and will result in BII Group holding a 2.64-4.58% stake in MEAL.
M&M said it does not see any conflict with the 'standalone '6E'' used by IndiGo and that it seeks to 'find an amicable solution'
The Mahindra BE 6e looks outrageous but in this video, we go beneath the skin to see how the electric SUV is like to drive, the feel of the cabin on the inside, the performance on offer and its ride and handling characteristics. The Mahindra BE 6e is the larger of the two electric SUVs based on the INGLO architecture. Seen here is the 79 kwh pack that is good for 682 km of range. It is 4,371mm long, 1,907mm wide and 1,627mm tall. The wheelbase is shared with the BE 6e at 2,775mm. A single rear-driven motor powers it making 285PS and 380 Nm, good for a 0 to 100 kmph time of 6.7s. A smaller 59 kWh battery pack is also available with 535 km range and 230PS/380 Nm, prices for which start from Rs 18.90 lakh.
In this video, we go deep into how the Mahindra XEV 9e drives. We also look at its interiors and practicality while giving you an idea about the kind of backseat experience and features you can expect. The Mahindra XEV 9e is the larger of the two electric SUVs based on the INGLO architecture. Seen here is the 79 kwh pack that is good for 656 km of range. It is 4,789mm long, 1,907mm wide, and 1,694mm tall. The wheelbase is shared with the BE 6e at 2,775mm. A single rear-driven motor powers it, making 285 PS and 380 Nm, good for a 0 to 100 kmph time of 6.8s. A smaller 59 kWh battery pack is also available with a 542 km range and 230 PS/380 Nm, prices for which start from Rs 21.90 lakh.
In the initial phase of the programme, the company has introduced Mahindra Zor Grand three-wheeler EVs, each equipped with specialised enhancements for Amazon's last-mile deliveries.
In the wake of World EV Day, it is time to look at the road ahead and the challenges to electric mobility that need urgent resolution.
Mishra, who will also be the Chief Executive designate for the Last Mile Mobility business (LMM), takes over from Mahesh Babu who has decided to pursue opportunities outside of Mahindra Group.
The two rivals are in talks with electric scooter and bike aggregators like Zypp, Spinny and eBikeGo to make the switch.
The company, a part of the Mahindra Group, will start supplies of such electric vehicle parts to group firm Ssangyong Motor, by early 2021.
The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in 2018-19 from 4,026 units in 2017-18, has also started supplying EVs to state-owned EESL for the second phase of a combined 10,000 units order.
The company has inked a memorandum of understanding (MoU) with Auroville which has been involved with several e-mobility initiatives over the last few decades.
The plant currently has a manufacturing capacity to roll out 5,000 units per annum.
Mahindra Electric is also offering fast charging services to enhance the EV experience for Zoomcar's customers, with fast charging compatible vehicles.
Mahindra Electric, a unit of Mahindra & Mahindra will raise electric vehicle production 10 times, launch multiple products including plug-in SUVs as well as develop high-end cars.
The company today announced a partnership with Zoomcar, a self-driven car-rental firm, to promote shared mobility of electric cars in India.
This partnership will enable individuals to buy new all-electric Mahindra e2oPlus on ZAP, Zoomcar's fractional car ownership programme, the company said in a statement.
Maruti Suzuki, Tata Motors, Mahindra Electric, Mahindra & Mahindra, and Ford were jointly working on the project.
Launching the 'e2o Plus' hatchback electric car here today, he said that the initial cost of acquisition of such cars are very high, compared to conventional ones in the same category.
Under the umbrella brand Mahindra Electric, the company will manufacture electric cars, license out electric vehicle technologies, electrify new and existing platforms and help deliver integrated zero emission mobility solutions.
SMEV President, Sohinder Gill, argues that the foremost issue is that while the government has been pushing hybrid vehicle technologies, it has left the electric vehicles segment in the lurch.