Mahindra Two Wheelers exports for May 2014 stood at 946 units. Viren Popli, Chief of Operations, Mahindra Two Wheelers said, “We are happy to maintain the demand momentum of our 2-wheeler division during May 2014 with a growth of 131% in the domestic market, which is indicative of the growing acceptance of our product portfolio especially our flagship brand, the Centuro. With a positive upsurge in socio-economic sentiments and on the back of improved demand, we hope to remain on the growth trajectory going ahead”.
Last month GenZe by Mahindra, a two-wheeled electric vehicle was introduced by Mahindra Group in the US. The bike offers a range of 30 miles and does not require a motorcycle license to operate in most US states. It’s Ann Arbor manufacturing facility has a capacity to assemble up to 9,000 vehicles per year, and can be expanded to 20,000 vehicles when required.