Mahindra’s new generation models including XUV700, Thar and the XUV300 have received excellent response from car buyers. Despite huge demand, Mahindra is unable to meet the rising demand. This is due to production constraints because of global shortage of semi-conductor chips. With rising demand, these models command a huge waiting period of over 1 year.
The XUV700 has been receiving an overwhelming response from buyers since its launch in October 2021. The SUV received over 65000 bookings within 2 days. The SUV currently commands a waiting period of close to 19 months, so few customers will have to wait till second half of 2023 to get their cars delivered.
The answer isn’t simple, or without compromise, but there are lots of key stakeholders in development of a solution, and Porsche is one of them. As part of a multi-million pound investment Porsche has partnered with Exxon Mobil and Siemens in the research, development and ultimate production of carbon-neutral eFuel – the carbon-neutral bit being the key point there.
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