Mahindra & Mahindra (M&M) Born electric vehicles (BEV) BE 6 and XEV 9e will be available at ₹26.9 lakh and .₹30.50 lakh respectively.

The automaker will initially in Phase 1 manufacture 5,000 vehicle units of BE6 and XEV 9e per month in its Chakan plant. 

The BE6 and XEV 9e come with 59 kWh and 79 kWh and have undergone rigorous testing for over 55 lakh km. The Born electric vehicles can be charged between 20 to 80 per cent in 20 minutes. 

Phased test drives across the country will begin from January 14, while deliveries for the 79kWh will begin from March. 

Further, Mahindra & Mahindra has introduced a three-for-me program for born-electric vehicle financing. The EMI will begin from ₹39,224 for different battery packs of BE6 and ₹45,450 for XEV 9e. 

“We will initiate bookings only for the feature-loaded Pack Three in 79 kWh for both BE 6 and XEV 9e on February 14, 2025, which is Valentine’s Day. With its 79 kWh battery delivering over 500 km of real-world range, customers can be free from range anxiety. Our vision is to make premium EVs mainstream, and with our “Three for Me” finance program we ensure these vehicles remain accessible,” said Veejay Nakra, President of the Automotive Sector, Mahindra & Mahindra Ltd., and Joint Managing Director, of Mahindra Electric Automobile Ltd.

The company has allocated ₹4,500 crore investment out of the total ₹16,000-crore investment in the F22-F27 cycle including powertrain development, two product top-hats including software and technology, and manufacturing capacity. 

Brokerage firm Motilal Oswal stated that the newly launched EVs will establish M&M in the EV market in the country. 

“M&M’s indigenously-designed INGLO platform seems to be versatile and scalable, as it is modular, wherein multiple products can be launched with different positioning from the same platform. We were particularly impressed with the multiple first-in-class features offered in both these products. These features, combined with the introductory pricing, make them a truly strong value proposition for customers,” said Motilal Oswal.