Mahindra delivers 10,000 Electric Origin SUVs in 70 days
Mahindra Electric
has achieved a major milestone by delivering 10,000 units of its all-electric
Origin SUV
series — the XEV 9e and
BE 6
— within 70 days of commencing deliveries on March 20, 2025.
This translates to one electric SUV being delivered every 10 minutes, underlining strong market demand and growing consumer confidence in
electric mobility
.
Features
The Origin lineup represents Mahindra's latest push into the premium electric SUV space, combining futuristic design, advanced EV platforms, and intelligent connected features.
Both the XEV 9e and BE 6 are built on Mahindra's
INGLO architecture
, offering long-range capability, fast charging, and smart technology designed to appeal to urban professionals, families, and long-distance travelers alike.
Demographic division
The swift adoption of these eSUVs signals a broader shift in the Indian auto market, with a rising number of consumers prioritizing sustainability, innovation, and performance. Mahindra reports that demand is spread across metro cities, tier-2 towns, and even rural regions, reflecting the brand's growing nationwide EV appeal.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
27 minutes ago
- Mint
Israel-Iran war: DMart to Eicher Motors— Jigar Patel of Anand Rathi recommends 3 stocks to buy for the short term
Stocks to buy for the short term: Indian stock market benchmarks, the Sensex and the Nifty 50, crashed over a per cent each in intraday trade on Monday, June 23, as Israel-Iran war escalates further, crude oil prices rise sharply and investors dump riskier equities and rush to safe haven assets. As it is difficult to predict the trajectory of the stock market amid rapidly changing geopolitical scenarios, Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers, advises traders to remain vigilant. "A decisive breakout above 25,300 could pave the way for a sustained rally toward 25,500–25,600. Conversely, any faltering near current levels could signal renewed caution. On the downside, immediate support lies at 24,700, with a stronger floor near 24,450. Until confirmation is evident, restraint remains prudent near resistance zones," said Patel. Jigar Patel recommends buying shares of DMart, Eicher Motors and Biocon for the next two to three weeks. Over the past month, Eicher Motors has witnessed a healthy correction of approximately 12 per cent from its recent peak of ₹ 5,906. Notably, the stock has established a firm base over the last 15 trading sessions, consolidating between its 50- and 100-day exponential moving averages — a sign of stabilizing price action. In the latest session, Eicher decisively broke out of a dual descending trendline, supported by a steadily improving Relative Strength Index (RSI), which has consistently held above the 40 mark and now stands at 61.42. "The confluence of favourable technical indicators positions Eicher as an attractive long candidate. Traders may consider initiating positions in the ₹ 5,530–5,480 range, targeting ₹ 5,900, with a stop loss placed below ₹ 5,300," said Patel. Eicher Motors Following a steep decline from its recent high of ₹ 4,557, DMart has entered a consolidation phase, forming a strong base around the confluence of its 50-, 100-, and 200-day exponential moving averages (DEMA). Notably, the stock has triggered a bullish golden crossover, with the 50-DEMA moving above the 200-DEMA — a technically significant development often interpreted as a precursor to upward momentum. Adding weight to the bullish bias, the stock has also broken out of a descending trendline, indicating a potential trend reversal. "Given this confluence of positive technical signals, traders may consider initiating long positions in the ₹ 4,300–4,250 zone, with an upside potential toward ₹ 4,700. A stop loss should be maintained below ₹ 4,100 on a daily closing basis," Patel said. DMart Biocon has recently established a robust base around the confluence of its 50-, 100-, and 200-day exponential moving averages (DEMA), signalling price stability after a period of consolidation. A golden crossover — with the 50-DEMA crossing above the 200-DEMA — further reinforces the emerging bullish sentiment. On June 19, 2025, the stock also formed a bullish harami candlestick pattern, accompanied by a close above the R3 Camarilla monthly pivot, strengthening the technical outlook. This alignment of key indicators suggests a potential upside move. "Traders may consider initiating long positions in the ₹ 353–348 range, with a projected target of ₹ 385. A protective stop loss should be placed below ₹ 332 on a daily closing basis to manage risk effectively," said Patel. Biocon Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Mint
30 minutes ago
- Mint
Sensex crashes 900 points; why is Indian stock market falling after the US attack on Iran? Explained with key factors
Indian stock market witnessed significant losses in early trade on Monday, June 23, with the Sensex crashing over 900 points, and the Nifty 50 falling below 24,850 on a broad selloff amid weak global cues. The Sensex opened at 81,704.07 against its previous close of 82,408.17 and touched an intraday low of 81,476.76, falling over 900 points, or more than 1 per cent. The Nifty 50 opened at 24,939.75 against its previous close of 25,112.40 and dropped over 1 per cent to an intraday low of 24,824.85. The BSE Midcap and Smallcap indices also fell by almost a per cent each. The overall market capitalisation of BSE-listed firms dropped to nearly ₹ 445 lakh crore from about ₹ 448 lakh crore in the previous session, making investors poorer by about ₹ 3 lakh crore within the first 15 minutes of the session. Here are the five key factors that could be behind the market selloff: Fresh escalations in tensions between Israel and Iran have dealt a blow to market sentiment, shattering the belief that the war between Israel and Iran may not linger for a longer period. The US on Saturday struck Iran with a surprise assault on three of Iran's nuclear facilities, which added a new turn to the evolving situation in the Middle East. Experts highlight that the Iranian response to the US attack will hold the key to how the Israel-Iran episode shapes up. "Even though the US bombing of Iran's three nuclear facilities has worsened the crisis in West Asia, the impact on the market is likely to be limited. The uncertain factor now is the timing and nature of the Iranian response. If Iran targets and damages the US defence facilities in the region or seriously hurts US military personnel, the US response can be huge, and this might further worsen the crisis," said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited. According to media reports, Iran's Supreme National Security Council is exploring the possibility of closing the Strait of Hormuz, an important global energy route. According to Bloomberg, roughly one-fifth of global oil supplies pass through this route daily. A closure of the Hormuz Strait would significantly disrupt crude oil supplies, shoot up oil prices, and severely damage the economies of major oil importers like India. Experts believe that crude oil prices above $80 per barrel for an extended period will negatively impact India's fiscal math, distorting its trade deficit. Elevated crude oil prices can also raise inflation, weaken the rupee, increase companies' input costs, and dent their profitability. Brent crude jumped over 2 per cent to trade near $79 a barrel on Monday morning due to heightened concerns of global supply disruption after the US on Saturday attacked three nuclear facilities in Iran. Meanwhile, the Indian rupee declined 17 paise to 86.72 against the US dollar in early trade on Monday. The dollar index jumped nearly half a per cent, weighing on stock market sentiment. A stronger dollar increases the risk of foreign capital outflows, especially at a time when geopolitical tensions make riskier equities less appealing and investors flock to safe-haven assets. Even though the Indian economy is driven largely by domestic consumption, concerns are mounting that it cannot remain completely immune to global developments, and the country's growth dynamics could take a hit as a result. Jaspreet Singh Arora, Chief Investment Officer at Equentis Wealth Advisory Services, pointed out that geopolitical tensions increasingly appear to be the new normal. "It began with the Russia-Ukraine conflict, over two years ago, followed by the Israel-Hamas war. In between, there were flare-ups between India and Pakistan, and now tensions are escalating between Israel and Iran,' said Arora. Besides, tariff-related uncertainties persist. While several major economies have been engaged in negotiations with the US administration since President Donald Trump announced reciprocal tariffs on US trading partners, significant uncertainty remains about how these negotiations will ultimately unfold. Read all market-related news here Read more stories by Nishant Kumar
Time of India
42 minutes ago
- Time of India
First export consignment of fresh Jamun sent from Karnataka to London
Live Events India's trade ties with the UK just got a little sweeter. On Thursday, the first shipment of the Indian Kundana variety of fresh Jamun was flagged off to London, even as the two countries continue the legal vetting of their free trade agreement (FTA), announced on May only frozen and powdered Jamun had been Agricultural and Processed Food Products Export Development Authority ( APEDA ), under the commerce and industry ministry, flagged off the maiden export consignment of fresh Jamun from Karnataka to the said the fruits were sourced directly from a Farmer Producer Organization (FPO).'Local farmers typically get ₹50-60 per kg for the fruit in domestic markets. From this export consignment, they are earning an average of ₹110 per kg,' said an fruits were packed at an APEDA and Plant Quarantine-approved packhouse, set up by the Karnataka Department of Horticulture.
