According to media reports, the company had also showcased the e-KUV100 at the Auto Expo of Cars a few years back. However, the production of the micro SUV has not started yet. The Mahindra XUV300 SUV electric vehicle that has been announced to be launched in the year 2023 is going to compete with many important vehicles. These include vehicles like Tata Nexon EV, MG ZS EV and Hyundai Kona EV.
At present, the electric vehicles from which Mahindra is showing power in the market include the e-Verito compact electric sedan. This electric vehicle is available to government agencies and fleet operators.
Mahindra Group Managing Director and CEO Anish Shah said that the company will now focus on the three- and four-wheeler electric segment. A detailed EV product strategy will be announced soon. This indicates that the e-KUV100 may be launched in the near future.
He said that we had announced our plans for electric cars. We will launch the fully electric XUV300 in the third or fourth quarter of 2023. Portfolio plan for electric vehicles in India will be announced soon. The company has also told that there is an increase in demand now compared to 2021. However, due to the chip crisis, the production of the company has also been affected.
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