Mahindra & Mahindra Share Price in Focus: Company Sells 1 EV in Every 10 Minutes?

Mahindra & Mahindra share price gained investor attention on Tuesday after reporting strong sales figures. The company has reportedly sold nearly 30,000 EVs in just seven months. This means the company is selling one electric SUV every ten minutes, highlighting rising demand for its new-age EVs in India. The milestone comes as Mahindra celebrates the first anniversary of its XEV 9S launch.

65% of M&M Electric Origin SUVs Are Driven Daily 

Mahindra shared that its Electric Origin SUV range is seeing strong real-world usage. Nearly 65% of these EVs are driven every single working day, showing that customers are relying on them for regular commuting and long-distance travel. This steady daily use indicates growing confidence in Mahindra’s EV performance, range, and overall reliability.

M&M To Establish 1,000 Charging Points Pan-India 

To support the rising number of EV users, Mahindra is investing heavily in charging infrastructure. The company plans to set up 250 charging stations equipped with 180 kW fast chargers by the end of 2027. These stations will collectively offer 1,000 charging points across India. 

The aim is to reduce range anxiety, improve convenience and make fast charging accessible for Mahindra’s expanding EV customer base. 

Future Plans of M&M 

Mahindra’s EV journey accelerated after the introduction of the XEV 9e and BE 6 models last November. According to the company, these vehicles have helped attract a wide new customer base, with a major portion of EV buyers choosing Mahindra for the first time. 

Now, Mahindra is preparing for a larger role in India’s electric mobility ecosystem. The company is focusing on expanding its EV lineup, building stronger technology capabilities, and enhancing its presence in international markets. 

Alongside new model launches, Mahindra is also integrating performance themes such as Formula E into its broader EV strategy. These initiatives reflect the company’s ambition to become a global competitor in the fast-growing EV space. 

Read more: Mahindra & Mahindra Share Price in Focus; Unveils BE 6 Formula E Edition SUV.

Conclusion

Mahindra’s rapid EV sales and strong product acceptance reflect the company’s growing influence in India’s electric vehicle industry. With aggressive plans for launching new models and setting up a robust fast-charging network, Mahindra is positioning itself to play a leading role in the country’s transition to clean mobility. The next few years will be crucial as the company aims to scale both its EV portfolio and its infrastructure footprint.

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