MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

100 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 (ii) The benefits derived like product improvement, cost reduction, product development or import substitution: Th e efforts taken by your Company towards technology development and absorption help deliver competitive advantage and market leadership through the launch of customer centric products and variants, introduction of new features and improvement of product performance. S ome examples of results delivered in the year 2022-23 are: Automotive Sector ● Launch of Scorpio-N with Intuitive Adrenox Intelligence, Dual Zone Automatic Temperature Control, Double Barrel Headlamps, 4XPLOR Terrain Mode, and world-class safety features. ● Launch of Scorpio Classic with all-new powerful mHAWK engine and premium interiors. ● Launch of XUV400, the first all-electric SUV with cutting-edge technologies, powerful features including Single Pedal Drive, 3 Intelligent Drive Modes, 7.2 kW Charger, Connected Car feature, and Smartwatch Connectivity. ● Launch of Bolero Maxx Pik-Up with iMAXX technology, wider track for high-speed stability, shorter rear overhang for upright loaded stance, lower turning radius, best in class mileage and payload capacity. ● Launch of Zor Grand Electric Three-Wheeler with best-in industry power of 12 kW, 50 Nm torque, Best-in Class gradeability of 11.5° with excellent pickup, advanced Lithium-ion battery technology, 170 Cu. feet delivery box, 6 Feet loading tray and a range of 100+ km/charge. Also, Zor Grand comes with the NEMO connected vehicle platform for fleet management. ● Launch of RoadMaster G75 Smart Motor Grader with 74 HP CRDi engine which is coupled with a 3m (10 feet) wide blade and iMAXX telematics solution. ● Launch of All New Thar RWD with mStallion 150 TGDI petrol engine and D117 CRDe diesel engine. Also, added an electronic brake locking differential to the All New Thar 4WD variants. ● Scorpio-N has been awarded a full, 5-star safety rating by the Global NCAP (New Car Assessment Program). The Scorpio-N scored five stars for adult occupant protection and three stars for child occupant protection. The first ever body-on-frame SUV to achieve a 5-star Global NCAP rating. ● Advanced vehicle features like connected car features, wireless charging, multi-terrain mode changes, command seating, intelligent cockpit technology, driver drowsiness detection, electronic stability control are implemented in the Company’s vehicles. ● Advanced engine features like Map controlled piston cooling jet, Gasoline Particulate Filter and Shift by cable transmission technology are implemented in the Company’s vehicle engines. Farm Equipment Sector ● Launch of 6 new tractor variants under the Yuvo Tech+ platform namely 275 Yuvo Tech+, 405 Yuvo Tech+ and 415 Yuvo Tech+ with the 3-cylinder m-ZIP engine, and the 475 Yuvo Tech+, 575 Yuvo Tech+ and 585 Yuvo Tech+ with 4-cylinder ELS engine. ● Yuvo Tech+ series tractors have many advanced features including new high cubic capacity m Zip engine high backup torque, high max torque, best-in-class PTO power, best-in-class mileage, parallel engine cooling, 12 Forward + 3 Reverse multiple speed options, dual clutch, SLIPTO (Single Lever Independent PTO), 4WD with H-M-L speed range, helical gear for high load-carrying capacity, full constant mesh transmission, hi-precision control valve, enhanced lift capacity of up to 1,700 kg, side shift gear, best-in-class ergonomics, dual acting balanced power steering and Better service interval (400 hours). ● Launched smallest HP 4WD tractor in Mahindra range under Jivo brand for Sugar cane interculture and Orchards. ● NEF range of CRDe engines on >50 HP tractors to meet the Trem IV emission norms. This range of Trem IV compliant tractors is equipped with new innovative features like power mode selection, Digisense and global hydraulics.