Mahindra & Mahindra (M&M) plans to launch electric versions of its mainstream engine models as it wants to have a bigger role in the electric vehicle segment.
“As the pioneers in the integrated and electric mobility solutions in India, it has always been our endeavour to make electric vehicles more accessible across segments,” said M&M Executive Director Pawan Goenka.
“We are continuously looking at expanding our EV portfolio, while we are also looking at offering the electric version of the mainstream engine models.” he added.
The company on Friday launched e20 Plus hatchback priced in the range of Rs 5.46 lakh to Rs 8.46 lakh (ex-showroom Delhi).
Goenka said said that current models like Scorpio are very heavy and would require more powerful batteries for which M&M is working on new technology that can deliver up to 80KW of power.
“With the e20 Plus we have completed the entry level EV line up. The next step would be to get into the mid and higher segment,” Goenka said without sharing details of the company’s line-up of future EVs.
The company has marked the entry level of e20 Plus, P2 variant of the vehicle for fleet owners but hasn’t disclosed its price yet. The other variants -- P4, P6, and P8 -- are priced at Rs 5.46 lakh, Rs 5.95 lakh and Rs 8.46 lakh, respectively.
Goenka said the launch of e20 Plus marked the company’s foray into the mass market electric city car segment.
The vehicle comes with a range of 140 kms on one single charge and achieves a top speed of 85 kmph.