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
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
UPS to Test Electric Delivery Truck
United Parcel Services of America Inc. is partnering with Los Angeles startup Thor Trucks Inc. to test a fully electric Class 6 delivery truck.