Mahindra Last Mile Mobility is gains a market share of had a market share of 14.6%

Mumbai- Mahindra Last Mile Mobility (LMM)., a division of Mahindra & Mahindra, has sold 36,816 EVs and had a market share of 14.6%* in FY23’. This is significantly up from FY22’s performance of 17,522 units and 7.6%* market share. The widespread 1,150 touchpoints across India, 10 000+ charging stations set up In FY23, LMM added a power-packed 3-wheeler EV, the Zor Grand, and this contributed to an order book of more than 23,000 within a year of its launch. Apart from the Zor Grand, LMM’s electric portfolio consists of the Treo range of vehicles, and the Alfas – Mini and Cargo

Suman Mishra, CEO of LMM said “In FY23, we continued our market leadership in electric 3-wheelers with the highest market share. In June ‘23, we have also reached the milestone of one lakh EV sales reflecting our deep experience and leadership in this space. We continue to work to provide innovative, sustainable, and affordable last mile mobility solutions, which help enhance the lives of our valued customers, while contributing to the country’s carbon emission goals.”

Recently, the 50 000th Mahindra eAlfa was rolled out from the Haridwar plant. LMM has also announced an additional line for its Treo auto at its Haridwar facility while work on expansion of the Zaheerabad plant has also started. The latter will manufacture electric 3- and 4-wheelers for last mile mobility.