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Mahindra Last Mile Mobility with over 200,000 electric vehicles sold and continues to lead in sustainable transportation and innovation in the commercial EV sector.
Date: November 5, 2024Mumbai - Mahindra & Mahindra Ltd., a leading commercial EV manufacturer’s subsidiary Mahindra Last Mile Mobility Limited (MLMML), has surpassed 200,000 electric vehicles sold. MLMML offers an extensive range of small electric commercial vehicles, including the Mahindra Treo, e-Alfa, and Zor Grand three-wheelers and the company expanded its portfolio with the launch of the Mahindra ZEO, an electric four-wheeler for the < 2t segment.
MLMML has achieved 21.7% market penetration in the L5 three-wheeler segment in FY25, with a 41.2% market share in L5 EVs, according to SIAM. With over 100,000 units sold in the past 17 months, MLMML has maintained its lead by launching customer-focused models like the Treo Plus and e-Alfa Plus. Production has been increased at its plants in Bengaluru, Haridwar, and Zaheerabad to meet rising demand.
To celebrate this milestone, MLMML has introduced the UDAY NXT Loyalty Program, offering ₹20 lakh driver accidental insurance, career counseling for children, business/finance guidance, and more. Based on customer feedback, the program aims to meet their needs. MLMML was also the first automaker to launch the renowned UDAY program to support customers.
Ms. Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility, said, "At Mahindra Last Mile Mobility, sustainability is not a choice but a promise to our future generations. Our collaborative, agile and bold efforts have helped reimagine the last mile ecosystem with reliable products and integrated solutions. Reaching the milestone of 200,000 electric vehicles reflects our dedication to innovation and addressing the evolving needs of urban logistics."