While the company has not disclosed which models will be based on the new platform, it is expected to play a critical role in enabling Mahindra to keep pace with demand.

The upcoming facility will cater exclusively to Mahindra’s growing portfolio of PVs, with a strong focus on both ICE models and EVs. (Image used for representational purpose only)

Deliveries for the BE 6 and XEV 9e began on March 20, 2025.

The asking price has gone up by almost ₹11,000.

In Q4 FY25 alone, Mahindra sold 253,000 vehicles, marking an 18 per cent growth year-on-year, including 149,000 utility vehicles.

In anticipation of a strong April driven by new financial year purchases and pre-election sentiment, OEMs reportedly pushed more units into dealerships.

The Investment and Credit Rating Agency forecasts that Ola's battery manufacturing arm is technologically complex and relies heavily on imports.

The price announcement is slated for May 22, with deliveries to follow soon after.

For the first time in recent history, Mahindra outpaced both Hyundai Motor India and Tata Motors to emerge as the second-highest PV seller in the country.

Passenger vehicles (PV) remained largely resilient, with a 1.3 per cent YoY growth.