Mahindra & Mahindra Likely To Enter Electric Vehicle Market With XUV300 SUV

The automobile company Mahindra & Mahindra is all set to enter the EV market, with the latest XUV300 SUV's electric version.  Likely to be released in mid-2023, the vehicle will be the first one of Mahindra's electric vehicle business strategy, 'Born Electric Vision' of EV concept.  The Mumbai-headquartered company has recently partnered with Volkswagen to explore the use of the latter's modular electric drive matrix (MEB) components for EVs.