Mahindra To Set Up EV Manufacturing Plant In Maharashtra | V3Cars

14 December 2022
By Amit Saraswat
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Mahindra have announced an investment of Rs. 10,000 crore to set up an EV manufacturing plant in Pune, Maharashtra. The investment was approved under Maharashtra government’s industrial promotion scheme for electric vehicles.

Mahindra EV Manufacturing Plant Details

Mahindra plan to invest Rs. 10,000 crore over a period of 7-8 years for setting up the manufacturing facility for the development and production of their upcoming range of born-electric SUVs. These all-electric SUVs will include models unveiled in the UK a couple of months ago. The new electric SUVs from Mahindra will sit on the INGLO EV platform that’s dedicated to the born-electric vehicles from the Indian carmaker.

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Speaking about the announcement, Rajesh Jejurikar, Executive Director, Auto & Farm Sectors, Mahindra & Mahindra Ltd., stated, “We are delighted with this approval from the Govt. of Maharashtra for setting up our EV Manufacturing Plant in Pune, and investing in what has been our ‘home’ state for over 70 years. We are very thankful to the Govt. of Maharashtra for their continued support. The Government’s focus on ‘ease-of-doing-business’ and progressive policies, together with Mahindra’s investment, will act as a catalyst for Maharashtra to become India’s EV hub, attracting further Indian and Foreign Direct Investment.”

At the global unveil of the all-electric SUVs, Mahindra confirmed that these SUVs will offer 230PS to 285PS of power on the rear-wheel drive variants. The 4-wheel drive models will put out between 340PS to 395PS of power. With the dual-motor setup, these SUVs will have a 0-100kmph acceleration time of 5 to 6 seconds. The battery capacity of these SUVs will vary between 60kWh and 80kWh and they’ll support up to 175kW DC fast charging to juice up from 0-80% in 30 minutes.

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Mahindra will use Blade and Prismatic battery technologies for the SUVs. It’s worth noting that BYD also use Blade batteries for their E6 MPV and Atto 3 SUV. BYD also supply Blade batteries to Tesla’s Gigafactory in Germany.

The XUV e08 will launch first in December 2024 while the E09 will launch 4 months later. The BE 05 and BE 07 will launch in October of 2025 and 2026, respectively. Mahindra have not decided the launch timeline for the BE 09. Considering the amount of technology, body sizes and battery capacity, we expect the prices of these vehicles to go up to Rs. 50.0 lakh (ex-showroom).

Also Read: Mahindra Scorpio N Awarded 5 Stars In Global NCAP Crash Test

ABOUT THE AUTHOR

Amit Saraswat

Born and brought up in Agra, he grew up reading magazines more than textbooks. With a keen interest in cars, he decided to make his future in automotive journalism and is currently helping in content at V3Cars.