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Mahindra to launch electric Verito sedan and Maxximo LCV

  • Dec 23, 2015
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[caption id="attachment_76349" align="alignnone" width="600"]Mahindra Verito Mahindra Verito[/caption]

According to the latest rumours, Mahindra is expected to start digging deeper into the electric world with the launch of the battery-powered Verito sedan and Maxximo light commercial vehicle (LCV). The new electric pair is likely to be showcased at the upcoming Auto Expo in February 2016 followed by a launch. The two vehicles have been previously seen at the Auto Expo. The Verito has been displayed twice at the Auto Expo; once in 2012 followed by the facelifted Verito EV shown in 2014. The Maxximo EV was last displayed at the 2014 Auto Expo. The Verito EV has been seen testing multiple times with a camouflage and looks exactly like the fuel-guzzling Verito. The Verito EV will be powered by lithium-ion batteries, and will have a top speed and range of 85 km/hr and 80 km, respectively.

[caption id="attachment_5821" align="alignnone" width="970"]Mahindra e2o Good bye fuel, hello electric scheme launch in Pune e2o, Mahindra's all-electric car[/caption]

Mahindra's dream of taking Verito on the emission-free path has been there for a long time but it never saw the light of day. The acquisition of Reva Electric and the launch of e2o solidifies this intent in the consumers' eyes. The automaker is mainly known for its heavy-duty diesel-powered vehicles such as Thar, Scorpio, XUV5OO, Xylo and Bolero. Recent ban by the Hon'ble Supreme Court on registration of cars in Delhi NCR with diesel engines displacing more than 2000cc has hit Mahindra the most. With most of the product portfolio over the 2000cc threshold, Mahindra is now looking to expand the line-up with smaller displacement engines and electric vehicles. The TUV3OO and the recently unveiled KUV1OO are hence expected to get more focus from Mahindra's marketing and R&D divisions. Smaller displacement engines and a longer list of electric vehicles could be the trump card Mahindra needs for a greener environment.

[caption id="attachment_84433" align="alignnone" width="999"]Mahindra TUV3OO with armour kit Mahindra TUV3OO with armour kit[/caption]

After the ban, Mahindra's passenger vehicle segment is only seeing the TUV3OO move off the showroom floors in respectable numbers. The TUV3OO was launched in September and is seeing strong demand because of its battle tank inspired design and attractive price tag. The sub-four meter SUV's main rivals are the EcoSport and the Duster, but buyers of Creta and Terrano may also be swayed by its masculine design and lucrative price tag. One of the strong points in the TUV3OO's favour is that it's the only SUV under Rs. 10 lakh to come with a diesel engine mated to an automatic transmission. It also happens to be the only compact SUV with seven seats. According to Mahindra, consumers are showing interest in the clutch-less models of the SUV with almost half the deliveries for the automatic variants. The TUV3OO is priced between Rs. 6.98 lakh and Rs. 9.20 lakh, ex-showroom, Delhi. The AMT equipped models are available at a premium of Rs. 72,000 over the equivalent variant.

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