In order to cater high demand, Mahindra will ramp up production capacity to 10,000 units by early 2024.
The XUV700 is one of Mahindra’s most popular SUVs and ever since its launch in 2021, the car has been in the spotlight for its value-for-money quotient, tech-laden cabin and refined powertrains. However, what has plagued the XUV700 right since its launch is its long waiting periods.
In September, we had reported that the waiting periods for the XUV700 were slowly reducing. However, two months later, we can confirm that some variants of the XUV700 still command a delivery lead time of one year on an average.
- Entry-level variants of XUV700 have the lowest waiting period
- Top-spec AX7 and AX7L have waiting period of 15 months
Entry-level Mahindra XUV700 MX has the least waiting currently
Those looking to buy the XUV700 in petrol-powered MX, AX3 or AX5 variants can expect the delivery of their vehicles in less than two months. The waiting period for these variants has come down slightly compared to September when it was more than two months.
The XUV700 MX, AX3 and AX5 diesel, however, command a much higher waiting period of around 10 months. This hasn’t changed from few months ago. Meanwhile, the petrol and diesel variants of the top-spec AX7 and AX7L trims command the longest waiting period of around 15 months, which is also the same as what it was in September.
XUV700 to ramp up production to cater to order pile up
As we reported recently, Mahindra currently has a production capacity of 6,000 units a month for the XUV700, and in October, it dispatched 5,815 units – very close to its production capacity. Mahindra also averages 11,000 bookings for the XUV700 every month and has around 80,000 XUV700 units yet to be delivered.
Mahindra has recently announced that it is ramping up the production capacity to over 6 lakh units for its SUVs in the next 12 to 15 months. This is a 68 percent rise in production capacity to cater to the long waiting periods. For the XUV700, Mahindra is set to increase the production capacity to 10,000 units by January-March 2024. Till then, depending on customer demand, it is likely that the waiting period will continue to remain the same.
Mahindra XUV700: rivals
The XUV700 rivals other three-row SUVs like the Tata Safari, MG Hector Plus and even the Hyundai Alcazar. It also faces competition from Mahindra’s own Scorpio N.
Also see:
Mahindra Scorpio N top model automatic waiting period drastically reduced
2021 Mahindra XUV700 review, test drive