Mahindra has a delivery backlog of over 1.43 lakh SUVs for four of its models — the XUV700, XUV300, Thar and Bolero. This figure is expected to rise significantly as the brand prepares to open bookings for the all-new Scorpio N from July 30.
Mahindra offers advanced tech like an AdrenoX infotainment and ADAS in the XUV700, which requires many chips, and the semiconductor shortage is only adding to the delay. These four SUVs cumulatively add up to 1,35,000 bookings, with the remaining numbers comprising other models from the M&M stable.
The flagship XUV700, launched in August 2021, currently has the maximum bookings of 80,000 units and is averaging 9,800 bookings a month. The XUV700 is available with both petrol and diesel engine options. Some dealers believe that units booked now can only be delivered by 2024, depending on variant and location.