M&M showcased the idea of eXUV300 electrical SUV on the Auto Expo. SsangYong Tivoli, offered within the world market, shares its identical platform with XUV300.
The electrical subcompact SUV is scheduled to be launched within the first half of 2021. Mahindra had additionally knowledgeable an analogous timeline for the launch of eXUV300.
The general design relies on a streamlined line that displays aerodynamics optimized for city driving. Aluminum hood was utilized to lighten weight and optimize the middle of gravity whereas a closed radiator grille was used to maximise vitality effectivity, the corporate mentioned in a launch.
The Korean carmakers, nonetheless, haven’t divulged any particulars in regards to the automobile.
SsangYong is 74.65% owned by Mahindra and Mahindra. SsangYong is burdened with excessive debt and reported its 13th consecutive quarterly working loss in January-March. It suffered from sluggish gross sales even earlier than the unfold of COVID-19 on account of a troublesome competitors within the sports-utility automobile (SUV) market. Reviews point out Mahindra was prepared to let go of its possession stake in SsangYong.