Mahindra Last Mile Mobility is India’s No.1 electric CV manufacturer in FY25

Mahindra Last Mile Mobility Limited (MLMML), India's leading commercial electric vehicle (EV) manufacturer, has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2% EV penetration in the segment. This marks a substantial increase from 16.9% EV penetration in FY24.

MLMML's market share in the L5 category stands at an impressive 37.3%, despite stiff competition from legacy players and new entrants.

The company has achieved notable milestones, including:

- Becoming the first to sell over 2 lakh commercial EVs

- Selling over 1 Lakh units of the Treo, India's No.1 electric auto

In FY25, MLMML expanded its product portfolio with the launch of the Treo with a metal body and the Mahindra ZEO, its first-ever 4W electric commercial SCV. The Mahindra ZEO, following on the footsteps of its e-3W stable mates, has started off on its 4W cargo electrification journey.