Mahindra Retains No.1 Position in Commercial EV Market

Mahindra Last Mile Mobility Limited (MLMML) has once again solidified its position as India's leading commercial EV manufacturer in FY25. This marks the fourth consecutive year of its dominance in the segment, highlighting the company’s relentless push for electrification in last-mile mobility. With its flagship electric vehicles, Treo and Zor Grand, Mahindra has played a pivotal role in driving the EV revolution in the L5 category, contributing to a remarkable 24.2% EV penetration, a significant jump from 16.9% in FY24.

Mahindra's Growing Leadership in Commercial EVs

Key Achievements:

• Retained No.1 position in the commercial EV segment for the fourth consecutive year.
  
  
• EV penetration in the L5 category surged to 24.2% in FY25, up from 16.9% in FY24.
  
  
• Market share in the L5 category stands at an impressive 37.3%.
  
  
• First company to cross 2 lakh commercial EV sales.
  
  
• Over 1 lakh units of Treo sold, cementing its place as India's top-selling electric auto.
  
  

Expanding Product Portfolio

Mahindra Last Mile Mobility has continuously innovated to meet the growing demand for sustainable last-mile transportation. The company expanded its offerings in FY25 with:

• Treo Metal Body Variant: Enhancing durability and strength for commercial usage.
  
  
• Mahindra ZEO: The brand’s first-ever four-wheeler electric small commercial vehicle (SCV), marking a new milestone in cargo electrification.
  
  

These additions reinforce Mahindra's commitment to developing a diverse and reliable EV lineup catering to different commercial needs.

Why Mahindra Continues to Lead?

1. Widest EV Portfolio: MLMML offers a versatile range of electric, petrol, CNG, and diesel three- and four-wheelers for passenger and cargo applications.
   
   
2. Strong Market Presence: With a dominant 37.3% market share in the L5 category, Mahindra is ahead of both legacy players and emerging competitors.
   
   
3. Proven Reliability: The Treo has become India's best-selling electric auto, thanks to its efficient performance and durability.
   
   
4. Sustainability & Innovation: With increasing EV adoption, Mahindra continues to invest in technology and infrastructure to boost India’s clean mobility transition.
   
   

Conclusion

Mahindra Last Mile Mobility’s continued dominance in the commercial EV space underscores its commitment to innovation, sustainability, and customer-centric solutions. With an expanding product range and a growing customer base, Mahindra is well-positioned to shape the future of electric mobility in India. As demand for clean and efficient transportation rises, Mahindra’s leadership in the segment is expected to grow even stronger in the coming years.

Also Read: Mahindra Tractors Achieve Record Sales of 4,24,641 Units in FY25