• SUV growth outlook: Mahindra is maintaining its mid-to-high teens SUV growth forecast for the fiscal year, supported by comfortable inventory levels and healthy traction across key models heading into the festive season.
• Battery-as-a-service model: The framework lowers the upfront EV entry price to the ₹11–12 lakh range alongside a usage fee of ₹3.75 per kilometer, driving higher showroom footfalls and mid-tier variant sales in tier-2 markets.
• Production ramp-up: Total monthly vehicle production reached 107,648 units as supplier constraints eased, with electric SUV output hitting peak monthly capacity of 8,000 units.
• EV expansion roadmap: Management expects EV sales run rates between 7,500 and 8,000 units per month, with plans to scale production capacity from 8,000 to 12,000 units per month following a major launch in a couple of quarters.