Mahindra Last Mile Mobility surpasses 200,000 electric vehicles sales
Mahindra continues to lead India's electric commercial vehicle sector with over 200,000 EVs sold, introducing new products like the Mahindra ZEO and launching a customer loyalty program to support urban logistics and sustainability.
Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra, has reached a significant milestone by surpassing 200,000 electric vehicles (EVs) sold, further solidifying its position as a leading player in the commercial EV market in India.
The company has played a key role in driving electrification in the L5 segment, which saw an increase in EV penetration from 7.6% in FY23 to 21.7% year-to-date in FY25, according to Vahan data. In the past 17 months, Mahindra has sold over 100,000 EVs, supported by the launch of products such as the Treo Plus, e-Alfa Plus, and Mahindra ZEO.
MLMML holds a 41.2% market share in the L5 electric vehicle category, as per SIAM data. The company’s portfolio includes a range of small commercial electric vehicles, including the Mahindra Treo, e-Alfa, and Zor Grand three-wheelers. Recently, MLMML also expanded its offerings with the introduction of the Mahindra ZEO, a small electric four-wheeler in the <2t segment.
To support its growing customer base, Mahindra has also increased production capacity at its manufacturing plants in Bengaluru, Haridwar, and Zaheerabad. The company has also introduced a new customer loyalty program, UDAY NXT, which offers benefits such as ₹20 lakh in driver accidental insurance, career counseling for customers' children, and business/finance counseling services.
Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility, emphasised the company's commitment to sustainability and innovation, highlighting that the milestone of 200,000 EVs is a reflection of its ongoing efforts to meet the evolving needs of urban logistics.
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