Veejay Nakra, President, Automotive Division of the company, said, “It has been a record-breaking month for us. We are excited to achieve our highest ever SUV sales in a month at 36,205 units.” Mahindra’s flagship XUV700 has achieved sales of one lakh units within 20 months of its launch. Apart from this, Scorpio has seen the highest sales in a month since its launch. The company says that it will ensure the availability of semiconductors and other parts to meet the increasing demand.
Recently Mahindra had given the teaser of its new pickup truck. It is to be launched in South Africa soon. Earlier this year, Mahindra launched the electric SUV XUV400. It is getting good response from customers. Mahindra also plans to launch some new electric vehicles soon. In this market the company competes with Tata Motors. Tata Motors has the highest share in this segment. This is Mahindra’s first fully electric SUV. It is available in two variants. It will compete with Tata Nexon EV, Hyundai Kona EV and MG ZS EV. It is being launched in five colors – Arcing Blue, Everest White, Galaxy Grey, Nepali Black and Infinity Blue. There will also be a dual tone option of satin copper.
The company claims that the XUV400 has the fastest acceleration capability in the non-luxury segment. Mahindra says that it can reach 0-100 kmph in just 8.3 seconds. Its top speed is 150 kmph. Mahindra plans to invest Rs 1,000 crore in its Telangana plant to manufacture electric three-wheelers and four-wheelers. The company said that this investment will be made in eight years. Apart from passenger vehicles, cargo vehicles will also be manufactured in this plant.
Gadgets 360 for the latest tech news, smartphone reviews and exclusive offers on popular mobiles. Android Download the app and follow us Google News Follow on.