The auto major also launched a sports version of its electric car e20 Sports and new range of trucks under the brand name Blazo.
The company will be investing Rs 500-600 crore to launch new products in trucks segment in the next two years.
The Mumbai-based company also aims to increase its market share in the commercial vehicle segment to 5 per cent in two years from the current 3.5 per cent.
"Mahindra is constantly trying to push the boundaries of technology and innovation while developing new mobility solutions," Mahindra Group Chairman Anand Mahindra told reporters here at the Auto Expo.
"SsangYong's new Tivoli compact SUV, which is a big success in its home market of Korea, is its first brand new product post Mahindra's acquisition," Mahindra said.
The XUV Aero crossover coupe concept comes with 210 HP engine aided by multiple drive and suspension modes.
The company also showcased its Design Studio which has been created with an intent to enhance consumer engagement with Mahindra's design thought process for its products.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
