Mahindra Electrifies India’s Commercial Segment with 2 Lakh EV Sales
Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited, has achieved a significant milestone by selling over 200,000 electric vehicles in India’s commercial EV market. This accomplishment underscores MLMML’s strong presence and commitment to sustainable transportation solutions.
Expanding Product Portfolio
MLMML’s product lineup includes the Mahindra Treo range, e-Alfa range, and Zor Grand three-wheelers. Recently, they introduced the Mahindra ZEO, a small electric four-wheeler commercial vehicle. To meet the rising demand, MLMML has increased production at its plants in Bengaluru, Haridwar, and Zaheerabad.
The company’s extensive sales and service network, along with its focus on customer-centric design, supports its leading position in the last-mile mobility market. This strategic expansion not only caters to the growing demand but also reinforces MLMML’s commitment to innovation and sustainability in urban transportation. By continuously enhancing their product offerings, MLMML aims to address the diverse needs of urban logistics and provide reliable, eco-friendly solutions for last-mile delivery.
Market Share and Sales Performance
In the three-wheeler L5 segment, MLMML maintains a 41.2% market share, with EV penetration reaching 21.7% year-to-date for FY25. Over the past 17 months, MLMML has recorded sales of over 100,000 units, driven by new releases like the Treo Plus and e-Alfa Plus.
This impressive performance highlights MLMML’s ability to innovate and adapt to the evolving needs of urban logistics. The company’s robust market presence and consistent sales growth demonstrate its leadership in the commercial EV sector, setting a benchmark for competitors. MLMML’s success in capturing a significant market share is a testament to its strategic vision and commitment to delivering high-quality, sustainable transportation solutions.
UDAY NXT Loyalty Program
To celebrate this milestone, MLMML has launched the UDAY NXT loyalty program for customers. New vehicle buyers will receive a ₹20 lakh driver accidental insurance cover, along with additional support in career counseling for customers’ children, business and finance guidance, and other services.
This program builds on Mahindra’s previous UDAY program, which was developed in response to customer needs. The UDAY NXT program not only enhances customer satisfaction but also strengthens the bond between MLMML and its customers, fostering long-term loyalty and trust. By offering comprehensive support and benefits, MLMML aims to create a positive and rewarding experience for its customers, encouraging them to choose Mahindra for their last-mile mobility needs.
Commitment to Sustainability
▶️ Sustainability Promise: Ms. Suman Mishra, Managing Director and CEO of Mahindra Last Mile Mobility, emphasized the company’s dedication to sustainability. She stated that sustainability is not a choice but a promise to future generations.
▶️ Collaborative Efforts: MLMML’s collaborative, agile, and bold efforts have helped reimagine the last-mile ecosystem with reliable products and integrated solutions.
▶️ Milestone Achievement: Reaching the milestone of 200,000 electric vehicles reflects MLMML’s commitment to innovation and addressing the evolving needs of urban logistics.
▶️ Vision for the Future: This milestone is a testament to MLMML’s vision of creating a sustainable future through continuous innovation and customer-centric solutions. By prioritizing sustainability, MLMML aims to contribute to a greener, more efficient transportation landscape, benefiting both the environment and the communities they serve.
