Mexican Media Brands
Mahindra to Add Three More EVs to Lineup by 2020
Mahindra & Mahindra Ltd. says its Mahindra Electric subsidiary is adding three new all-electric vehicles by 2020 to supplement the four models it already sells in India.
#hybrid
Share
Mahindra & Mahindra Ltd. says its Mahindra Electric subsidiary is adding three new all-electric vehicles by 2020 to supplement the four models it already sells in India.
The subsidiary is spending $77 million to develop three variants of a small electric SUV/crossover model with ranges of 250-350 km (155-217 miles) per charge and top speeds between 150 kph (93 mph) and 186 kph (116 mph).
M&M currently markets the all-electric e-Alfa rickshaw, e20 Plus hatchback, eVerito sedan and eSupro minivan.
India has declared that it will ban the sale of piston-powered vehicles in 2030. But a Goldman Sachs analysis predicts that EVs will account for only about 8%, or 1 million units, of the total Indian market by then.
RELATED CONTENT
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
About the 2020 Lincoln Aviator
Successful vehicles tend to be those that are available on a global basis, and increasingly, those vehicles tend to be in the SUV segment writ large.
-
GAC, CATL Partner on Two Battery Ventures
Two new battery ventures are being formed in China by domestic carmaker Guangzhou Automobile Group Ltd. and battery giant Contemporary Amperex Technology Ltd.