Mahindra says SUV demand could grow 10 points YoY while EV sales have scaled from 4,000 to 6,000+ units/month against expanded capacity of 8,000. Waiting periods stretch 6-8 weeks. After a 1.8% April hike, another increase is on the table if commodity and battery costs stay elevated.

CNBC-TV18 · Companies · 6/1/2026, 10:38:00 AM