Mahindra Verito Updates

Tuesday, 04 June 2019 10:55 PM Blu Smart, Indias first all-electric taxi service, plans to add 500 Mahindra eVerito electric sedans to its fleet. This expansion is part of their effort to provide a smart urban electric mobility option, especially in the Delhi-NCR region. I think this move is a significant step towards reducing air pollution in densely populated areas.

Thursday, 10 January 2019 06:22 AM The Department of Economic Affairs, Ministry of Finance, inducted 15 Mahindra eVerito electric vehicles into its fleet as part of a broader initiative to promote electric mobility. This move was expected to save 36,000 litres of fuel and reduce over 440 tonnes of CO2 emissions annually. I think this is a great example of government support for sustainable transportation.

Thursday, 02 June 2016 10:38 AM Mahindra & Mahindra launched the eVerito, an electric version of the Verito, with prices starting at Rs. 9.50 lakh. The eVerito is based on the Mahindra E2os powertrain and was launched at the Delhi Auto Expo in 2016. This launch marked a significant step in Mahindras electric vehicle portfolio.

Friday, 01 April 2016 06:34 PM Mahindra & Mahindra reported a 21% increase in passenger vehicle sales in March 2016, with the Verito contributing to this growth. The sales of passenger vehicles, including the Verito, stood at 26,885 units compared to 22,183 units in March 2015. This surge in sales was a positive indicator for the companys performance.

Wednesday, 01 July 2015 08:31 PM Mahindra & Mahindras passenger vehicle sales, including the Verito, declined by 15% in June 2015 compared to the same month in 2014. This decline reflected broader market challenges faced by the automotive industry.

Thursday, 18 December 2014 06:43 AM The Mahindra Verito Electric was positioned in the commercial car-rental segment, with the company aiming to sell around 100 units of the electric model every month. This strategy was aimed at capturing the growing demand for electric vehicles in the rental market.

Monday, 02 June 2014 06:42 AM Mahindra & Mahindras sales took a 16% hit in May 2014, with the passenger vehicles segment, which includes the Verito, selling 18,085 units, a drop from the previous year. This was part of a general slowdown in the automotive market.

Sunday, 01 September 2013 10:36 AM Mahindra & Mahindra saw a decline in sales in August 2013, with passenger vehicle sales, including the Verito, dropping by 27.53% compared to the same period in 2012. This decline was part of a broader market slowdown.

Wednesday, 05 June 2013 05:00 PM Mahindra launched the Verito Vibe, a hatchback version of the Verito, entering the compact car segment. The Verito Vibe competes directly with popular hatchbacks like the Maruti Swift and Hyundai i20. This launch was a strategic move to capture a larger share of the compact car market.

Wednesday, 03 April 2013 08:47 AM Mahindra & Mahindra announced plans to launch the electric version of the Verito within a year, buoyed by public interest in its electric car e2o. This move was part of the companys strategy to expand its electric vehicle offerings. I believe this was a forward-thinking move given the growing demand for eco-friendly vehicles.