Mahindra & Mahindra Ltd.

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Large Cap | Automobiles - Passenger Cars
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M&M manufactures e-SUV ‘XUV400’ in water-positive Nashik facility

Date: 18-04-2023

Mahindra & Mahindra (M&M) has manufactured its electric SUV ‘XUV400’ in a 100% water-positive facility in Nashik, Maharashtra, using only renewable energy. The energy saved in the making of these vehicles can illuminate more than 1000 homes for a year and is equivalent to planting of 1 lakh trees.

The water positive manufacturing set-up saves more than 20,000 kilolitres of water and can provide water for 100 homes in a year. The XUV400 is already the fastest booked electric SUV in India which saw 15000 bookings in just 3 days. Mahindra also announced that by 2027, between 20 to 30 percent of its passenger vehicles will be Electric.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.