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

MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 In October 2022, we expanded the XUV3OO line-up by adding the XUV3OO TGDi - a new turbo-petrol engine option. The Mahindra XUV3OO TGDi is the f irst Mahindra SUV to be powered by an all- new 1.2 L mStallion TGDi engine that boasts of unrivalled performance. Taking off from 0-60 km/h in 5 seconds, the XUV300 TurboSport™ series packs performance of 130PS and 230 Nm – making it the fastest ICE SUV under INR 15 lakhs. XUV3OO TGDi The Best Gets Turbocharged Since its launch in 2020, the Mahindra Thar has captured the imagination of SUV lovers. To make our offering even better, this year, we listened to our customers and engineered a new range of the Thar with important enhancements. The all-new range includes Rear Wheel Drive (RWD) variants in two engine options and enhanced capability in the Four-Wheel Drive (4WD) variants. It was introduced at an attractive price point of INR 9.99 Lakh, making it accessible to a wider customer base of SUV buyers. THE ALL-NEW THAR RANGE The Iconic Becomes More Accessible M&M launched the highly anticipated the All-new 'Scorpio-N', an SUV engineered from ground-up to meet the aspirations of the young and tech-savvy customers. Scorpio-N comes with premium interiors, advanced features, and the latest technology, two engine options with manual and automatic transmissions, and a 4x4 option. Designed at Pininfarina, Italy and Mahindra India Design Studio (MIDS), Mumbai and engineered by the teams at Mahindra Research Valley (MRV) near Chennai and Mahindra North American Technical Center (MNATC) in USA, and manufactured at the state-of-the-art world-class facility at Chakan, Pune, the All-New Scorpio-N is truly a global product. ALL-NEW SCORPIO-N Owing to competent engineering and product development right from the outset, the All- New Scorpio-N has the lowest CO emission in 2 the segment. Launched in August 2022, the Mahindra Zor Grand Electric revolutionises the last- mile delivery and logistics segment. It comes with the NEMO connected vehicle platform for fleet management and better operational eff iciency, as well as an all- digital instrument cluster that shows State of Charge (SoC), range, speedometer, battery health indicator and the tell-tale lights. The Mahindra Zor Grand Electric claims best-in-industry power of 12 kW that ensures superlative performance, more trips, and more earning. It has a range of more than 100 km per charge and the advanced Lithium-ion technology battery ensures a charging time of less than four hours. Soon after the launch, Zor Grand registered 12,000+ bookings through strategic MoUs with leading logistic companies like Mahindra Logistics, Magenta EV Solutions, MoEVing, EVnow, Yelo EV, Zyngo and more. ZOR GRAND ELECTRIC A Game-changer in Last-mile Cargo Delivery 24