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Mahindra sees EV capacity rising to 12,000 units a month as it prepares for a new SUV launch

🏏 Mahindra Sees EV Capacity Rising to 12,000 Units

Published by OOPSONLINE.IN · Source: CNBC TV18 · 1 min read · · Updated

What actually happened

Nalinikanth Gollagunta, CEO-Automotive Division, M&M remains confident on sports utility vehicle (SUV) demand and expects mid-to-high teens growth in 2026-27 (FY27). Strong festive demand, new launches and battery-as-a-service are supporting the outlook.

Key points

  • Nalinikanth Gollagunta, CEO-Automotive Division, M&M remains confident on sports utility vehicle (SUV) demand and expects mid-to-high teens growth in 2026-27 (FY27).
  • Strong festive demand, new launches and battery-as-a-service are supporting the outlook.

Summary based on data provided by CNBC TV18. Full article available at the original publisher.

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