When is M&M planning to launch its own EV in competition with Tata Motors?
Answer
Answer
Competition in the electrical vehicles (EV) segment is gathering momentum as M&M is currently conducting road-tests for its first electrical SUV. The new Mahindra electric SUV is likely to be based on its existing XUV300 model. That pits M&M directly in competition with Tata Motors and MG Motors. M&M is likely to get a battery pack between 350 to 380 Volts. M&M plans to launch 8 EVs by 2027. First rollout may happen only in 2023.