Mahindra to build world's most affordable electric SUV

Mahindra is reportedly working on a fully-electric compact SUV, which is being developed by its electric arm, formerly known as Mahindra Reva.

Internally codenamed the S107, the electric compact SUV is Mahindra's next project in the electric car domain after the recently launched e-Verito. The company had earlier announced that Mahindra Electric will be launching two new products this year. The said electric compact SUV currently seems to be the first priority for the electric car company.

The company is also planning to release an electric and a CNG variant of its popular hatchback crossover - the Mahindra KUV1OO.

Maruti Suzuki, Mahindra and Tata Motors had earlier formed a consortium, under which, the companies will contribute to develop certain components of electric and hybrid vehicles. This will reduce the Research & Development cost burden on a single firm, and will thus help in making the cars more affordable.

Source: ET Auto