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Mahindra & Mahindra plans multiple new SUV launches by 2029 and aims for 25% EV sales by 2028.
Mahindra & Mahindra is accelerating its focus on premium SUVs and electric vehicles, planning multiple new SUV launches by 2029 and aiming for EVs to make up 25% of its sales by 2028.
The company expects to sell about 7,000 EVs by the end of the current fiscal year and has already sold over 30,000 EVs in seven months, generating Rs 8,000 crore in revenue.
It has no immediate plans to enter the MPV or CNG vehicle segments, prioritizing brand differentiation, operational efficiency, and technological innovation in its core markets.
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Mahindra & Mahindra planea lanzar varios SUV nuevos para el año 2029 y apunta a un 25% de ventas de EV para el año 2028.