• August sales growth: Total sales rose 42% year-on-year, driven by 50% growth in SUVs and 22% growth in LCVs, supported by strong demand for models like the 7XO, 9S, and refreshed Scorpio-N.
• EV capacity expansion: Monthly EV billings reached 8,200 units, utilizing full current capacity, with plans to expand monthly capacity to 12,000 units over the next two quarters following a new launch.
• Production and operations: Previous labor-related supply disruptions have largely been resolved, enabling production to run at full capacity with roughly 60,000 SUVs and 25,000 LCVs produced in the month.
• Festive demand outlook: Demand trends remain healthy across both rural and urban segments, with waiting periods across most variants currently ranging between 4 to 6 weeks.
• Pricing and commodities: The price hike implemented in July remains effective against commodity costs, and the company has no immediate plans for further price increases unless commodity trends change.