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Mahindra flags strong SUV, EV demand; second price hike possible in 4-6 weeks

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.

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 period

CNBC-TV18 · Companies · 6/1/2026, 10:38:00 AM · Ask about this →

Mahindra & Mahindra XUV 7XO