Mahindra & Mahindra (M&M) Friday said it has launched a new entry level variant of its SUV XUV500 priced at Rs 12.22 lakh (ex-showroom Delhi). The new variant would be available across the country at company dealerships with immediate effect, M&M said in a statement.

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"The launch of the W3 version makes the vehicle much more accessible to a wider range of customers," M&M Chief of Sales and Marketing, Automotive Division Veejay Ram Nakra said. 

The W3 trim comes with six-speed manual transmission and features like projector headlamps, dual-front airbags, anti-lock braking system with electronic brakeforce distribution and disc brakes on all four wheels.