In a significant stride towards sustainable mobility, Mahindra has launched its highly anticipated all-electric coupe SUV, the XEV 9e, offering a compelling entry point into the electric vehicle (EV) market. With an attractive down payment option starting from just ₹ 2.30 lakh, Mahindra aims to make its cutting-edge EV technology accessible to a wider range of Indian consumers, spearheading the nation’s electric revolution.
The Mahindra XEV 9e, built on the company’s advanced INGLO platform, promises a blend of futuristic design, premium features, and impressive performance. Launched in November 2024, the XEV 9e is available in multiple variants and battery options, catering to diverse needs and budgets. The base model, “Pack One,” starts at an ex-showroom price of ₹ 21.90 lakh, while the top-end “Pack Three” with a larger 79 kWh battery is priced at ₹ 30.50 lakh.
Mahindra’s strategic move to offer the XEV 9e with a down payment as low as ₹ 2.30 lakh (amount may vary based on the specific variant and financing scheme) aims to break down the initial cost barrier often associated with electric vehicles. This initiative is expected to attract a wider customer base, including those who are considering upgrading to an EV but are hesitant due to the upfront investment.
Several financial institutions in India are also offering attractive loan options for electric vehicles, often with benefits like lower interest rates and higher loan-to-value ratios to encourage the adoption of green mobility. Potential buyers are advised to explore these financing options to make their transition to electric driving even more affordable.
The XEV 9e is a key model in Mahindra’s ambitious electric vehicle lineup. The company has also launched the BE 6, another electric SUV built on the INGLO platform, and already offers the XUV400 EV in the Indian market. Mahindra has further showcased its commitment to the EV segment with concepts like the Thar.e and plans to electrify popular models like the Scorpio and Bolero in the future.
With the XEV 9e, Mahindra is not just offering an electric car; it’s presenting an opportunity to be part of a transformative shift towards a cleaner and more sustainable future of transportation. The accessible down payment scheme is a significant step in democratizing EV ownership and accelerating India’s journey into the electric revolution. Bookings for the Mahindra XEV 9e are currently open, and deliveries have already commenced for select variants.