- Mahindra & Mahindra Ltd
- Mahindra Electric Automobile Limited
- Electric SUVs
- Electric Origin SUVs
- Mahindra BE 6e
- Mahindra XEV 9e
- Mahindra Artificial Intelligence Architecture
Mahindra Launches BE 6e And XEV 9e Electric Origin SUVs
- By MT Bureau
- November 27, 2024
Mahindra has launched its flagship electric origin SUVs, the BE 6e and XEV 9e, in line with its vision of Unlimit India. The SUVs are built on INGLO electric origin architecture and powered by Mahindra Artificial Intelligence Architecture (MAIA). The price starts at INR 1,890,000 for the BE 6e and INR 2,190,000 for the XEV 9e.
The INGLO electric origin architecture equips the SUVs with a 3-in-1 integrated powertrain that delivers up to 210 kW power, along with brake-by-wire technology with integrated electronic booster (IEB), high-power steering with variable gear ratio (VGR) and fast charging that makes it possible to charge the vehicles from 20-80 percent in under 20 min (with 175 kW fast charger). Acceleration from 0-100 km/h takes 6.7s for the BE 6e and 6.8s for the XEV 9e, whereas the certified range is 682 km (MIDC P1+P2) for the BE 6e and 656 km (MIDC P1 + P2) for the XEV 9e with 79 kWh advanced LFP battery pack. There’s a lifetime warranty for both 79 kWh and 59 kWh battery packs.
The BE 6e comes with edgy, athletic silhouette and race-inspired agility, whereas the XEV 9e flaunts a coupe design and offers unparalleled luxury with refined elegance. Both the SUVs come with a horde of features including VisionX augmented-reality Heads Up Display (HUD), Infinity Roof and LightUpMe, Sonic Studio Experience by Mahindra, LiveYourMood pre-set themes, ADAS Level 2+, EyeDentity, Secure360 cameras and Autopark. Apart from these features, the XEV 9e comes with Wide Cinemascope and the BE 6e comes with a race-ready digital cockpit. The SUVs come with three driving modes: Range, Everyday and Race.
Veejay Nakra, President – Automotive Sector, Mahindra & Mahindra Ltd and Joint Managing Director, Mahindra Electric Automobile Limited, said, "The insight that inspired our brand idea is rooted in the most powerful human emotion – Love, which is eternal, inspires our deepest choices and defines who we are. Our electric origin SUVs, BE 6e and XEV 9e are about Unlimit Love that will inspire our customers to live a life without limits, filled with experiences that will make them feel alive. Crafted for unmissable presence, unparalleled technology and unrivalled performance, our electric origin SUVs will set new global benchmarks. The BE 6e, with its edgy, athletic silhouette and race-inspired agility, is designed for those who thrive on performance and adrenaline while the XEV 9e exudes sophistication with its suave SUV coupe design, seamlessly blending indulgent luxury with dynamic performance.”
R Velusamy, President – Automotive Product Development, Mahindra & Mahindra Ltd and Joint Managing Director, Mahindra Electric Automobile Limited, said, "The BE 6e and XEV 9e are the next Indian icons that will be world beaters. The difference between a vehicle that is made-electric and these two Born Electric SUVs is that one you have seen before, and the other one is unlike anything you have seen before. One just about matches industry standards of performance while one sets a new standard for performance in the industry. One has tech that will soon be history, while one has tech that will make everything history. These two products built on our grounds up revolutionary electric origin architecture INGLO and powered by MAIA, the fastest automotive mind in the world embody Mahindra’s vision of Unlimit India, setting new global benchmarks.”
Maruti Suzuki India Posts INR 33.52 Billion Net Profit For Q1 FY2027
- By MT Bureau
- July 31, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced its financial results for Q1 FY2027.
The company reported net sales of INR 499.59 billion, up 36 percent YoY, as compared to INR 366.206 billion for the same period last year. The net profit saw a decline of 10 percent YoY, to INR 33.52 billion, from INR 37.58 billion, on the back rise in material cost due to the ongoing geopolitical situation.
During Q1, the wholesales grew by 29.3 percent YoY, with domestic small car sales seeing 34 percent growth, while SUVs and exports clocked 44.6 percent and 28.6 growth YoY, respectively.
Maruti Suzuki India said its inventory level was at 13 days, despite sales growth on the commissioning of its second plant in Kharkhoda.
The company also has announced an investment of INR 5.61 billion towards setting up 4 compressed biogas (CBG) projects, which would serve as a key learning opportunity to plan future expansion for the same.
Hyundai Motor India Pune Plant Wins 2026 Red Dot Award For Workplace Design
- By MT Bureau
- July 31, 2026
Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has received the 2026 Red Dot Brand & Communication Design Award in the Interior Architecture category for the office space at its Pune manufacturing facility.
The selection represents the first instance of an automotive manufacturing site receiving a Red Dot Award for its administration and employee support facilities. The design layout at the Pune plant combines individual workspaces with open collaboration zones. The office incorporates employee support infrastructure, including a mother care room, dedicated meditation rooms, meeting areas fitted with writing surfaces to address language differences, personal lockers, and central document storage units for paper-based operational workflows.
Architecturally, the building utilises biophilic design elements, including interior landscaping, a central courtyard configuration and upcycled terrazzo flooring. The spatial design was developed following workforce analysis covering employee demographics, gender diversity and team communication patterns.
Tarun Garg, Managing Director & CEO, Hyundai Motor India, said, “Winning the prestigious Red Dot Award is a proud milestone for Hyundai Motor India and for the global manufacturing community. The award-winning facility at our Pune Plant demonstrates how thoughtful workplace design can positively influence collaboration, employee well-being and operational excellence. Every space has been created with our people at the centre, encouraging innovation, inclusivity and sustainability while reflecting Hyundai’s global design philosophy. This recognition reinforces our commitment to building world-class manufacturing ecosystems where exceptional products begin with exceptional workplaces.”
The award acknowledges the integration of administrative facility design within an industrial automotive context, setting standard practices for employee environment design in manufacturing complexes.
Mukundan MS Elevated As Whole-Time Director At Hyundai Motor India
- By MT Bureau
- July 31, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has strengthened its Board with the elevation of Mukundan MS as Whole-time Director, effective 1 September 2026.
He is a mechanical engineer holding a Master of Business Administration (MBA), currently serves as Function Head of Production in the Chief Manufacturing Officer's office. His career spans 25 years across plant operations and production management, including supervision of capacity expansion at Hyundai's Chennai Plant 1 and integration of mixed internal combustion engine and electric vehicle assembly lines.
In addition, Young Geon Kim has been appointed to a leadership role effective 1 August 2026. Kim possesses three decades of experience in vehicle manufacturing, production technology and plant operations. Having joined Hyundai Motor India in 2025 following senior roles during the setup of Hyundai's Brazil manufacturing plant, he has overseen Genesis production readiness, Chennai plant integration and facility setup initiatives for the company.
On the other hand, Gopalakrishnan CS, Whole-time Director, Hyundai Motor India, is set to retire on 31 August 2026, due to superannuation.
Production & Export Disruption Impact Hyundai Motor India Q1 Profit
- By MT Bureau
- July 30, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has announced its Q1 FY2027 results with revenue at INR 163 billion in revenue, which was marginally lower than INR 164 billion a year ago.
The EBITDA came at INR 15.11 billion, down 31 percent YoY, while net profit dropped 35 percent YoY to INR 8.88 billion.
Hyundai Motor India stated that fiscal 2027 began robustly, with cumulative sales in April and May growing 13 percent YoY and domestic volumes for the full quarter rose 5.4 percent to 139,374 units. However, a fire at a supplier facility constrained production in June, limiting overall growth. Total sales (including exports) stood at 178,082 vehicles, down 1.3 percent YoY, while exports fell to 38,708 units amid the residual impact of the US-Iran conflict on Middle East shipments and the production halt.
The company reported that its all-new Venue clocked its best-ever quarterly sales in the domestic market, while Aura and Exter attained highest-ever CNG penetration of 95 percent and 32 percent, respectively.
The rural market performed better than urban market, with penetration now reaching at an all-time high of 26 percent.
Supported by production normalisation, festive demand, new launches and capacity expansion, Hyundai Motor India expects to deliver its stated 8–10 percent volume growth guidance for FY2027 while driving sustainable and profitable growth.
Tarun Garg, Managing Director & Chief Executive Officer, Hyundai Motor Indai, said, “Q1 FY2027 was a challenging quarter affected by multiple headwinds impacting volumes and profitability. With 100 percent normalisation of production, coupled with healthy demand environment and upcoming product pipeline, recovery is likely to gain pace from Q2 onwards across both domestic and export businesses. Looking ahead, we remain committed to achieving our stated guidance of 8-10 percent YoY volume growth for both domestic and exports as well as 11-14 percent EBITDA margin in FY27.”

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