Mahindra & Mahindra (M&M), the home-grown automaker, is reportedly working on a new electric compact SUV. Being codenamed as S107, it is said to be the world's most affordable electric SUV. The work on the new SUV is being carried out by the electric unit of the company, which was earlier known as Mahindra Reva. Mahindra S107 would be the Mumbai-based automaker's second major project in the electric space after the eVerito sedan. Just to add to your knowledge, Ford India has also planned an electric variant of EcoSport compact SUV in 2020-2021.
"If anyone is preparing feverishly for a disruptive future of mobility, it is Mahindra," group chairman Anand Mahindra had told shareholders at the 70th annual general meeting this month. The core idea is the amalgamation of company's SUV expertise and electric unit Reva to develop an affordable electric SUV. While the Verito electric addresses the needs of the practical buyer, a compact electric SUV caters to those who are keen on driving as an experience. "We fully intend to be profitable participants in this new world," Mahindra had said. Pravin Shah, Chief Executive, Automotive, Mahindra & Mahindra, while speaking to ET Auto, said that the company is contemplating electrification of the KUV100, however no concrete decision is made yet. "We are looking at adding more SUVs as well as small commercial vehicle to our electric vehicle portfolio. The focus will be on offering more affordable electric vehicles for higher accessibility. Mahindra Reva will continue to address the range anxiety with continuous development," Shah said.
Mahindra, apparently, is also exploring the possibilities of introducing a CNG variant of the KUV100 in the Indian market. The company is aiming to sell around 6000 units of the electric and CNG variants annually. The move is being seen as a fresh attempt to uplift the electric unit of company and focus on international markets. Moreover, the CNG and electric KUV100 would also tap the fleet buyers. Just so you know, Maruti Suzuki, Tata Motors and Mahindra formed a consortium to develop certain components for electric and hybrid cars and make them more affordable and accessible for the masses. Ford India was also a part of this consortium, but it later dropped out to focus on the EcoSport electric version.