Mahindra plans to launch six new passenger electric vehicles over the next five years as the automaker accelerates its electrification strategy and expands manufacturing capacity in India.
During the company’s fourth-quarter fiscal 2026 earnings conference call on May 5, Rajesh Jejurikar said Mahindra had already introduced four of the electric vehicles originally announced under its EV roadmap and now intends to add three more models to the programme.
The company aims to launch the six remaining electric vehicles by March 2031.
Jejurikar did not identify all upcoming models but confirmed earlier this year that Mahindra is developing a new electric vehicle under the codename “BO7,” scheduled for launch in 2027.
“That, we believe, will be a very big volume driver on top of what we are doing with our current three (Electric Origin) products,” Jejurikar said during the company’s February earnings call.
Mahindra later began road testing the BO7, which is expected to become the production version of the BE.07 concept first unveiled in 2022.
The concept vehicle measures 4.565 metres in length and is expected to compete with the Tata Motors Harrier.ev in India’s electric SUV market.
Mahindra had originally planned to build the production BE.07 using its dedicated INGLO electric vehicle architecture and launch it in late 2026.
However, Jejurikar said the company has since revised that approach and intends to use its upcoming NU_IQ multi-energy platform instead.
“We’re not doing more of the only-EV (platform), because we’ve found a way to now do a born EV or a grounds-up EV on the NU_IQ platform, while still doing ICE (vehicles) on the same platform,” he said.
The future lineup is also expected to include a production version of the Vision.T concept, which evolved from the Vision Thar.e off-road EV concept revealed in 2023.
According to reports from Autocar India, Mahindra could unveil the production model in 2027 as an electric alternative to the internal combustion-engine Thar Roxx SUV.
The company is also reportedly considering an SUV coupé variant derived from the BO7 project, inspired by the BE.09 concept presented in 2022.
Mahindra currently sells five electric vehicles in India: the XUV 3XO EV, XUV400, BE 6, XEV 9e and XEV 9S.
The company said it sold around 55,000 electric vehicles between March 2025 and April 2026, with much of the volume generated by the BE 6, XEV 9e and XEV 9S models developed on the INGLO platform under Mahindra’s “Electric Origin” lineup.
To support its expanding EV portfolio, Mahindra plans to increase annual electric vehicle production capacity from 96,000 units to 144,000 units by March 2027.
The company said the production expansion is intended to prepare for the next phase of model launches planned between April 2027 and March 2028.