cmv_logo

Ad

Ad

Mahindra Last Mile Mobility is India’s No.1, electric 3-wheeler manufacturer and sold 36,816 EVs in FY23


By Priya SinghUpdated On: 13-Jun-2023 11:26 AM
noOfViews3,284 Views

Follow Us:follow-image
Read In
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 13-Jun-2023 11:26 AM
Share via:

Follow Us:follow-image
Read In
noOfViews3,284 Views

The extensive 1,150 touchpoints across India, the installation of 10,000+ charging stations, and the Mahindra brand's dependability have all contributed to Mahindra LMM maintaining its No.1* EV manufacturer position.

The extensive 1,150 touchpoints across India, the installation of 10,000+ charging stations, and the Mahindra brand's dependability have all contributed to Mahindra LMM maintaining its No.1* EV manufacturer position.

Mahindra Zor Grand.webp

In FY23, Mahindra Last Mile Mobility (LMM), a company of Mahindra & Mahindra, established itself as the No.1 electric 3-wheeler producer. During this time, Mahindra LMM sold 36,816 EVs and held a 14.6% market share. This is a considerable improvement as compared to the previous fiscal year's performance of 17,522 units and 7.6%* market share.

The extensive 1,150 touchpoints across India, the installation of 10,000+ charging stations, and the Mahindra brand's dependability have all contributed to Mahindra LMM maintaining its No.1* EV manufacturer position. Mahindra LMM added the Zor Grand, a powerful 3-wheeler EV in FY23. Zor Grand contributed to an order book of over 23,000 within a year of its launch.

Also Read: Mahindra launched its first Dual-Fuel commercial vehicle: Mahindra Supro CNG Duo

LMM's electric lineup also includes the Treo and Alfas - Mini and Cargo - in addition to the Zor Grand. Based on the faith placed in Mahindra by clients, LMM has sold over one lakh 3-wheeler EVs to date.

The Li-ion-powered Mahindra Treo remains the market leader in electric vehicles, while its cargo variants, the Treo Zor and Zor Grand, have a 32% market share. The 50 000th Mahindra eAlfa was recently rolled out of the Haridwar factory.

LMM has also announced the addition of a new line for its Treo vehicle at its Haridwar site, and work on expanding the Zaheerabad plant has begun. The latter will produce electric three- and four-wheelers for last-mile mobility.

“We passed the one lakh EV sales mark in June '23, demonstrating our substantial experience and leadership in this market. We will continue to seek to provide innovative, sustainable, and economical last-mile mobility solutions that improve the lives of our loyal clients while helping the country meet its carbon emission targets," said Suman Mishra, CEO of LMM.

News


Servotech Renewable Enters E-3W Market with Lithium-Ion Battery and Charger Launch

Servotech Renewable Enters E-3W Market with Lithium-Ion Battery and Charger Launch

Servotech Renewable enters the electric three-wheeler market with a lithium-ion battery, Zest charger, and Voltie solar inverter, expanding its clean mobility and renewab...

06-Jan-26 06:38 AM

Read Full News
Electric Three-Wheeler Sales Report – December 2025: Zeniak Innovation, Hooghly Motors & Neptune Green Lead the Market

Electric Three-Wheeler Sales Report – December 2025: Zeniak Innovation, Hooghly Motors & Neptune Green Lead the Market

December 2025 electric three-wheeler sales show strong e-rickshaw growth, mixed e-cart trends, and clear OEM leaders, based on Vahan data excluding Telangana....

05-Jan-26 10:06 AM

Read Full News
Electric Three-Wheeler Goods Sales Report (December 2025): Mahindra, Bajaj, Omega Lead

Electric Three-Wheeler Goods Sales Report (December 2025): Mahindra, Bajaj, Omega Lead

December 2025 electric three-wheeler goods sales show Mahindra, Bajaj and Omega Seiki leading the market, with mixed MoM trends and healthy year-on-year growth across key...

05-Jan-26 06:49 AM

Read Full News
Electric Passenger Three-Wheeler L5 Sales Report (December 2025): Bajaj, Mahindra, and TVS Lead the Market

Electric Passenger Three-Wheeler L5 Sales Report (December 2025): Bajaj, Mahindra, and TVS Lead the Market

December 2025 electric passenger three-wheeler sales show Bajaj, Mahindra, and TVS leading the market, with strong YoY growth and mixed MoM trends across major OEMs....

05-Jan-26 06:03 AM

Read Full News
India’s Electric Bus Market Surges 54% in December 2025: Switch Mobility Tops OEM Sales Chart

India’s Electric Bus Market Surges 54% in December 2025: Switch Mobility Tops OEM Sales Chart

India’s electric bus sales surged 54% in December 2025. Switch Mobility led the market, followed by JBM Auto and PMI Electro, showing strong demand momentum....

03-Jan-26 10:42 AM

Read Full News
CMV360 Weekly Wrap-Up | 29 Dec 2025 – 3 Jan 2026: Electric Bus Surge, Tata & Mahindra CV Growth, Tractor Sales Jump, Big EV Subsidy & Farmer Schemes

CMV360 Weekly Wrap-Up | 29 Dec 2025 – 3 Jan 2026: Electric Bus Surge, Tata & Mahindra CV Growth, Tractor Sales Jump, Big EV Subsidy & Farmer Schemes

Catch the latest updates on India’s commercial vehicles, electric buses, three-wheelers, tractors, and farmer schemes. Explore sales growth, EV adoption, rural empowermen...

03-Jan-26 07:09 AM

Read Full News

Ad

Ad