Similarly, last month the automaker sold 34,262 SUVs in the utility vehicle segment, registering a growth of 166%, making it the top SUV seller of vehicles. Besides, the company also saw its highest monthly sales of 4,071 vehicles in its electric three-wheelers segment, a growth of 170% over the previous year. The company’s exports in this segment for the month of September stood at 2,538 vehicles. Exports for September stood at 2,538 vehicles. In the commercial vehicle segment, Mahindra sold 21,666 vehicles in August 2022.
With last month’s sales figures, Mahindra managed to increase its market share by 9.7% in September 2022. After the start of deliveries of the newly launched Scorpio-N, Mahindra is witnessing an increase in demand for the XUV700 and Thar, while Mahindra claims that demand is increasing during the festive season.
Veejay Nakra, Head, Automotive Division, Mahindra & Mahindra Limited said, “This September has been a very exciting month for our company with strong demand during the festive season. He noted that we continue to see very strong demand and performance across our product portfolio from SUVs, LCVs under 3.5 tonnes and our last mile mobility brands.
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Mahindra is gearing up to launch new products in the Indian market, the first of which is the all-electric Mahindra XUV400. Test drives for the electric SUV will begin from December, and bookings will start from January 2023, when the launch will begin. The Mahindra XUV400 is powered by a 39.4 kW battery pack that enables the SUV to accelerate from 0 to 100 kmph in 8.3 seconds, while offering a range of 456 km.
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