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Mahindra Announces Rs 15,000 Cr Plant Investment – New EVs & SUVs Coming Soon

Bottom line: Mahindra & Mahindra is spending about Rs 15,000 crore on a new plant in Nagpur that will produce both electric and conventional SUVs, with production slated to start within the next few years.

Mahindra Announces Rs 15,000 Cr Plant Investment – New EVs & SUVs Coming Soon

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Image: Mahindra Announces Rs 15,000 Cr Plant Investment – New EVs & SUVs Coming Soon – Performance Comparison and Specifications

Design & Looks

The Nagpur facility is being built to handle several power‑train types, so the upcoming models will share a flexible platform. Expect a modern, aerodynamic SUV shape – sleek headlights, a bold grille for the ICE versions and a smooth front fascia for the EVs. Mahindra has hinted at larger glass areas and a more premium interior, aiming to attract families who want style without breaking the bank.

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Performance & Mileage

On the electric side, Mahindra plans a 150 kW motor that should push the new EV SUV past 150 km/h while delivering around 350 km of range on a single charge (WLTP). The conventional twin‑scroll 2.0 L turbo‑I4 will likely give about 15 km per litre, enough for Indian highways. Both powertrains will feature the company’s latest safety suite, including ESP, hill‑hold, and multiple airbags.

Price & Rivals

Pricing is expected to start between Rs 12 lakh and Rs 13 lakh for the electric version and Rs 10 lakh to Rs 12 lakh for the petrol variant. That puts Mahindra in direct competition with Tata’s Nexon EV, Hyundai’s Kona Electric, and the traditional SUV crowd like the Kia Seltos. The mix of EV and ICE options gives buyers flexibility while keeping the price bracket attractive.

Engine Mileage (km/Wh) Price (Rs Lakh) Top Features
Electric Motor (150 kW) 350 km (WLTP) 12‑13 Fast charge, AI driver‑assist, 5‑seat SUV
2.0 L Turbo‑I4 15 km/l 10‑12 All‑wheel drive, Sunroof, Advanced safety

FAQ

  • What is the expected mileage of Mahindra’s upcoming electric SUV? The company aims for about 350 km on a single charge under WLTP testing.
  • When will the new Nagpur plant start production? Mahindra has said the facility will be operational by 2027.
  • Are the new SUVs worth buying compared to rivals? With a mix of EV and ICE options, competitive pricing, and modern tech, they should give strong competition to the likes of Tata and Hyundai.

What do you think about Mahindra’s big bet on EVs? Let us know in the comments below.

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