Overview
- Mahindra confirmed a dedicated production target of 10,000 units per month for the first NU_IQ-based SUV to expand volume beyond current capacity limits.
- The Vision S–derived sub‑4m model is expected to reach showrooms by mid‑2027 and will be the first in an annual NU_IQ launch cadence.
- NU_IQ is a multi‑energy architecture designed to accept petrol, diesel and CNG engines with hybrid or battery options possible for later variants.
- Company executives say the Chakan plant will handle initial manufacturing before a planned move to Nagpur around 2029 as part of a larger footprint expansion.
- Mahindra is pursuing exports and a long‑term capacity build to about 132,000 units per month by FY31 but warned that steel, copper, rubber price rises and chip supply limits could squeeze margins and timing.