The new product, starting at INR 7.99 lakh, offers unparalleled savings with best-in-class mileage, exceptional performance powered by robust multiple engine options, industry-leading safety features, enhanced occupant protection, and a premium cabin experience, according to a release.
The Veero is designed to set new standards in cost of ownership, capability, performance, safety, comfort, and technology. The latest also boasts best-in-class features, including a payload capacity of 1,600 kg, 3035 mm cargo length, 18.4 km/l mileage for diesel, and a 5.1 m turning radius, making it highly versatile and ideal for urban operations.
“The Mahindra Veero will further strengthen our leadership in the LCV Mahindra Veero is designed to be a category disrupter ahead of all other offerings in this segment, truly living up to the promise of being ‘Soch Se Aage’," said Veejay Nakra, President - Automotive Division, Mahindra & Mahindra.
The new Urban Prosper Platform (UPP) is designed as India’s first Multi-Energy CV platform, including Diesel, CNG, and Electric. The platform is designed to offer best-in-class total cost of ownership and segment-first safety beyond regulations, the platform sets a new benchmark in the industry.
The Veero is designed for efficient performance, offering advanced fuel efficiency, durability, and enhanced load-carrying capacity, catering to the needs of small and medium enterprises in the logistics and delivery sectors. With India's commercial vehicle segment seeing a resurgence in demand post-pandemic, this launch is well-timed.
In the last six months, the shares of Mahindra & Mahindra went up by 52.90%. In the last two and three years, the share price was up by 120.31% and 264.03% respectively
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