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Mahindra & Mahindra’s Chakan facility will manufacture 90,000 EVs annually, including flagship models BE6 and XEV 9E. The ₹4,500 crore investment focuses on in-house battery production and advanced assembly capabilities.
The Mahindra Group is intensifying its focus on India’s booming electric vehicle (EV) market with a cutting-edge manufacturing facility in Chakan, Maharashtra. The plant is part of Mahindra’s ₹16,000 crore investment strategy, with ₹4,500 crore dedicated to EV production. Designed exclusively for electric SUVs, the facility boasts state-of-the-art battery manufacturing and assembly capabilities.
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Investment Plan: ₹4,500 crore allocated for EV manufacturing.
Production Capacity: 90,000 electric vehicles annually.
Flagship Models: BE6 and XEV 9E to be manufactured at the facility.
Advanced Technology: Complete in-house battery manufacturing, from cells to final assembly.
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The Chakan facility is central to Mahindra & Mahindra’s strategy to expand its EV portfolio. It will produce 90,000 EVs annually, supporting flagship models like the BE6 and XEV 9E, priced at ₹26.9 lakh and ₹30.5 lakh, respectively. These vehicles are based on Mahindra’s innovative INGLO platform, which underpins a series of upcoming electric SUVs.
The plant also includes advanced underbody and assembly lines, designed for efficiency and scalability. The first four vehicles from the INGLO platform—the BE6, XEV 9E, E8, and Rall-E—will roll out from this facility.
Feature | Details |
Annual Capacity | 90,000 electric vehicles |
Models Produced | BE6, XEV 9E, E8, Rall-E |
Price Range | ₹26.9 lakh to ₹30.5 lakh |
Battery Manufacturing | In-house from cell to pack assembly |
The Chakan plant reflects Mahindra’s commitment to sustainability and innovation in EV manufacturing. With in-house battery production and a scalable design, the facility positions Mahindra to meet growing EV demand. The success of this initiative is expected to positively impact the Mahindra & Mahindra share price, showcasing the company’s strong market vision and growth potential.
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