Mahindra, a prominent carmaker, is set to launch its first ever battery electric vehicles - BE 6e and XEV 9e - in early 2025. These SUVs are built on Mahindra's INGLO platform, specifically designed for electric vehicles. The BE 6e is a sporty coupe with rugged features, while the XEV 9e has an "SUV coupe" appearance. These vehicles are expected to compete with other popular electric cars in the market. The starting prices for BE 6e and XEV 9e are around Rs 18.90 lakh and Rs 21.90 lakh respectively (ex-showroom).
The Indian SUV market is facing a slowdown as top players Maruti Suzuki and Hyundai report a drop in sales for the month of August. In an attempt to boost demand and stay competitive, Tata Motors and Mahindra have both reduced prices on their SUV models. However, Tata Motors continues to hold a positive outlook on the future of electric vehicles, launching its latest model, the Curvv EVA. According to the company, the Indian passenger vehicle market is expected to reach 60 lakh units by 2030, highlighting the potential for growth and innovation within the industry.