Why Mahindra & Mahindra Is Betting Big on EVs: Plans, Targets and What’s Ahead

 Mahindra plans a major ramp-up of EV production — targeting 7,000 EVs a month by fiscal-end and aiming for 20–25% EV share in SUV portfolio by 2027–28.

For years, EV adoption in India was slow — but 2025 is different. With growing demand and tighter competition, automakers are rethinking strategies. At the forefront is Mahindra & Mahindra, which is making aggressive moves to scale EV production.

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What Mahindra Is Doing

  • Production ramp-up: The company plans to raise EV manufacturing capacity to 8,000 units/month by March 2026.
  • Sales target: Mahindra aims to sell around 7,000 EVs per month by the end of current fiscal year.
  • Long-term EV share goal: The company expects EVs to contribute 20–25% of its SUV portfolio by 2027–28 — a big jump from current levels.

Why This Strategy Matters

  • Meeting rising EV demand: As Indian buyers slowly accept EVs, scaling up is vital to avoid shortages.
  • Mass market EV push: By increasing capacity and lowering price points, EVs become accessible beyond premium buyers.
  • Market positioning: With growing competition, being prepared early could give Mahindra an advantage in both urban and rural EV adoption.

What to Watch

  • Expansion of service and charging infrastructure — crucial if EV uptake is to grow beyond metros.
  • Adoption rate — how many buyers shift to EVs from ICE (internal-combustion engine) cars.
  • Competitor response — whether other automakers speed up EV plans too.

Conclusion

Mahindra’s aggressive EV roadmap could be a game-changer. If it executes well — with consistent supply, charging infrastructure and value for customers — it might accelerate India’s EV adoption and influence how SUVs are viewed in the coming years.

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