- 09 Sep 2022
- ICICIdirect Research
M&M unveils its first SUV offering in electric spaceM&M - 1164 Change: 3.80 (0.33 %)
News: M&M has unveiled its first SUV offering in the electric space in the form of XUV 400. It will be equipped with 39.4 Kwh battery providing a certified range of 456 km on a single charge and 310 nm torque with fastest acceleration in this segment at 0-100 kmph in 8.3 seconds with top speed at 150 kmph. It offers three driving modes namely fun, fast and fearless. In terms of dimensions, it has 1821 mm width, 2600 mm wheelbase, 4200 mm overall length (200 mm higher than the ICE variant), aptly classifying as C-Segment SUV.
View: After much hype, the company finally unveiled its SUV offering in the EV space. However, pricing for the same will be disclosed in January 2023 along with opening of bookings at dealerships. It can be charged 0-80% using a fast charger in 50 minutes. The product proposition is interesting with the company promising best in class technology, safety, style & space (boot space at 378 litre), range and acceleration. However, the price at which the product would be launched would be the key monitorable as it would be competing against Nexon EV Max and Hyundai Kona in terms of battery size.