Mahindra Last Mile Mobility Limited Is India's No.1 Electric Commercial Vehicle Manufacturer For Fourth Consecutive Year

Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric commercial vehicle manufacturer, continued its strong market leadership in FY’26. MLMML reinforced its position as India’s No.1 electric commercial vehicle manufacturer for the fourth consecutive financial year. This milestone is a testament to the trust of numerous drivers and fleet owners who have chosen their entrepreneurship journey with MLMML. The Company also crossed the milestone of 1 Lakh EV sales in a single financial year. Cumulatively, MLMML has sold more than 3.4 Lakh EVs till date.

MLMML commands a strong presence in the L5 category, with a market share of 39.7%. The Company has achieved several notable milestones in FY’26, including:

· Crossed 1 Lakh EV sales in FY’26, becoming the first commercial vehicle manufacturer to achieve this milestone.

· Completed 6 Billion+ e-kilometre cumulatively, reducing ~240 kilo MT of carbon emissions and supporting India’s sustainability goals.

In FY’26, MLMML expanded its product portfolio with the launch of the all-new Mahindra UDO. The UDO has been developed keeping customer insights in mind. It boasts segment-first features like Reverse Throttle, an aerodynamic design and a 200 kilometre real-world driving range. MLMML’s continued focus on innovation, reliability, and sustainability positions it at the forefront of India’s last-mile electric mobility transformation.

All data provided is from SIAM

About Mahindra Last Mile Mobility Limited

Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd. (M&M), is India’s No. 1 electric small commercial vehicle manufacturer. The company manufactures award-winning EVs including the Treo range, Zor Grand, and e-Alfa. MLMML offers a wide portfolio of last-mile mobility three- and four-wheeler passenger and cargo vehicles across electric, petrol, CNG, and diesel powertrains. The EV portfolio, including the UDO and ZEO 4W SCV, is complemented by the Alfa and Jeeto range of vehicles.

Learn more about MLMML on mahindralastmilemobility.com • LinkedIn • Instagram (@mahindralmm) • Facebook (@MahindraLastMileMobility)

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational groups of companies, with 324 000 employees in over 100 countries. It holds a leadership position in farm equipment, utility vehicles, information technology, and financial services in India, and is the world’s largest tractor company by volume.

The Group also has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. Mahindra has a clear focus on leading ESG globally, enabling rural prosperity, and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Learn more about Mahindra on www.mahindra.com. Twitter and Facebook:@MahindraRise. For updates, subscribe to https://www.mahindra.com/newsroom.