Mahindra & Mahindra Ramps Up EV Production to 8,000 Units Monthly

Mahindra & Mahindra has raised its electric vehicle (EV) production capacity to 8,000 units per month. The company shared this update in a recent stock exchange filing. As of March 2025, Mahindra’s total installed EV capacity stood at 7,500 units, with 5,000 units actively in use.

Bookings and Deliveries

On the first day of opening bookings, Mahindra received 30,179 reservations for its EVs. These bookings represent a total value of ₹8,472 crore. So far, 6,300 electric vehicles have been delivered to customers.

In the quarter ending March 2025, Mahindra held a revenue market share of 37.2% in the electric SUV segment. Its share in the electric passenger vehicle category stood at 33.1%. These figures show its current position within the EV market.

Future Launches 

The company has plans to roll out 7 Born Electric Vehicles (BEVs) by 2030. Two of these are scheduled for launch in 2026. Mahindra is expected to reveal these models along with a new EV platform on August 15, 2025.

7 new light commercial vehicles (LCVs) are also in development. This includes 5 internal combustion engine models and 2 EVs, all under the sub-3.5 tonne category.

By March 2026, Mahindra aims to scale its EV capacity to 12,000 units, with 8,000 units operational. Further expansion to 18,000 units is planned by the end of FY27.

Read more: Mahindra & Mahindra Streamlines Defence Business with Internal Reorganisation!

Facilities in Progress

A new EV platform with a capacity of 1.2 lakh units is under development at the company’s Chakan facility. Additionally, a greenfield plant is being considered, which may become operational from FY28.

Mahindra & Mahindra Share Price Performance 

As of 09:30 AM on June 27, 2025, Mahindra & Mahindra share price was trading at ₹3,205, a 0.34% decline, up 7.71% over 6 months, and 12.40% over the past year.

Conclusion

Mahindra’s updates reflect its current production volumes, capacity expansion, and future launch plans in the EV segment, as outlined in its latest filings and disclosures.

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