On July 30, Mahindra & Mahindra Ltd. announced that it has signed a binding agreement to raise approximately INR 3.22 billion in Mahindra Last Mile Mobility Limited (MLMML), its last-mile mobility business. MLMML has now achieved unicorn status in the electric vehicle market
The funding round was led by Lightrock, a

On July 30, Mahindra and Mahindra (M&M), in an investor update, announced that it will double its production capacity between FY26 and FY31 exit periods (ending March 31, 2031). M&M plans to scale up production during FY27 through debottlenecking initiatives and the addition of new product capacity.
Overall, producti

On July 29, SML Mahindra Limited announced that its board of directors has approved the acquisition of Mahindra Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY 2027 (ending March 31, 2027). It will help to consolidate Ma

In its annual report, Mahindra & Mahindra Limited announced that, in FY 2026 (ending March), it is strengthening technology‑driven innovation in its Automotive Sector, focusing on advanced areas such as electric vehicles, battery technologies, active safety, advanced electronics, software‑defined vehicles, lightweigh

On June 30, Mahindra & Mahindra updated its disclosure on the divestment of its stake in Erkunt Sanayi Anonim Sirketi, a step-down subsidiary based in Turkiye, following an amendment to the original stock purchase agreement first intimated on April 10, 2026. Under the revised terms, the consideration to be received b

On June 23, Daimler India Commercial Vehicles (Bharat Benz) became the latest OEM to sign an MoU with the Ministry of Road Transport and Highways under the government's scheme for the replacement of old trucks and buses in Delhi-NCR, bringing the total number of participating manufacturers to six. Mahindra and SML Ma

On June 4, multiple sources reported that Akagera Motors, the automotive division of Akagera Business Group (ABG), had introduced the Mahindra XUV 3XO subcompact SUV in Rwanda.
The car is powered by a 1.2-litre turbocharged gasoline engine. The engine produces 82 kW of power and 200 Nm of torque. The vehicle is also

On May 11, Mahindra AI, the Mahindra Group's dedicated AI division, disclosed that it deployed nAIna, an AI conversational voice agent powered by ElevenLabs Text-to-Speech, ahead of the XUV 7XO SUV launch in January 2026. The agents handled outbound calls to fresh and lost leads, responded to inquiries, registered qu

On May 5, in an investor update Mahindra & Mahindra updated about its expanded product and capacity roadmap, raising its SUV nameplate aspiration from 16 (9 ICE + 7 BEV) to 25 (15 ICE + 10 BEV) and its LCV 3.5T product aspiration from 7 to 14 models by 2031. On the SUV side, 9 out of 25 planned nameplates have alread

On April 20, in an investor update, SML Mahindra confirmed that its first electric bus will launch within FY 2027 (ending March 2027), with work ongoing on EV aggregates and powertrain strategy. For heavy trucks, management sees hydrogen fuel cells as the more viable long-term green technology rather than pure electr

On April 23, Mahindra and Mahindra announced that it has grown its granted patent count from 56 in FY 2016 to 1,334 in FY 2026 (ending March), a more than 20x increase over a decade. The cumulative patent applications filed stand at 2,728 as of March 2026, with the conversion rate of applications to grants improving

On March 30, Valeo inaugurated a new electric powertrain manufacturing line at its Pune plant in Lonikand, producing fully integrated 3-in-1 e-Axles combining the motor, inverter, and reducer for Mahindra's Born Electric vehicle platform. The line features automated U-Pin/Hairpin winding stator assembly, reducer asse

On March 20, 2026, Charge_iN by Mahindra and Hindustan Petroleum Corporation Limited (HPCL), signed an agreement to set up electric-vehicle charging stations at HPCL fuel pumps across India. HPCL operates over 24,400 fuel retail outlets and more than 5,400 EV charging points under the HP e-Charge brand, giving Charge

On March 3, 2026, Mahindra & Mahindra announced that it had not received any communication from Indonesian authorities about the suspension of its previously announced order to supply 35,000 Scorpio Pik-Up single‑cab LCVs in 2026 to state-owned Agrinas Pangan Nusantara for the KDKMP cooperative project. It also noted

In an investor update, Mahindra & Mahindra announced that its BO7 sport‑utility EV on the new INGLO/IQ platform is planned for launch in calendar 2027 and will draw on fresh IQ‑platform capacity being added at Chakan from that year. It added that further IQ‑based models, including BO7, are expected to be produced fro

On February 11, Mahindra & Mahindra announced that within its broader three‑phase capacity roadmap, it plans to add around 6,000–7,000 vehicles per month of incremental capacity in FY 2027 over FY 2026 levels, driven by specific model‑level actions rather than only new plants.
Management highlighted that, in CY 2026,

In an investor update, Mahindra & Mahindra announced that it has laid out a three‑step automotive capacity expansion roadmap as it gears up for its next cycle of SUV and EV launches. It mentioned that it will first debottleneck its Chakan and Nashik plants through CY 2026, then add dedicated NU_IQ platform capacity a

On February 11, Divgi TorqTransfer Systems Limited announced that it has received exclusive order confirmation for its transfer case business from its key OEM customer, Mahindra & Mahindra Limited. Mahindra has secured a major export order of 35,000 units of the Scorpio Pik-Up in CY 2026 to Indonesia.
Divgi TorqTrans

On February 12, Mahindra Last Mile Mobility Limited launched its new L5M electric auto-rickshaw, Mahindra UDO, for INR 384,299. It is built at Mahindra’s Zaheerabad plant, which has a stated capacity of 160,000 units across two shifts and currently operates at about 90,000 units. UDO is backed by an INR 2.18 billion

Mobileye Vision Technologies Ltd. (Mobileye)’s SuperVision and Surround ADAS hands-free, eyes-on advanced driving assistance systems have been selected by Mahindra & Mahindra Ltd. for at least six upcoming models, with production expected to begin in 2027.
Both AI-driven solutions will be powered by Mobileye's EyeQ6