Mahindra Last Mile Mobility Retains EV Market Leadership in September 2025 with Record Sales

Mahindra Last Mile Mobility Limited (MLMML) has reaffirmed its dominance in India’s electric commercial vehicle (EV) market, securing the top spot once again in September 2025. With consistent sales growth, innovative products, and a customer-first approach, the company continues to lead the nation’s transition toward sustainable mobility.

Record Sales Drive Continued Leadership

According to company data, MLMML sold over 12,500 commercial electric vehicles in September 2025, maintaining its commanding position in both passenger and cargo segments. The brand held a 43.3% share in the L5M passenger auto EV segment and 43.1% in the overall L5 three-wheeler EV category, underscoring its strong market presence.

The company’s success reflects the growing penetration of electric mobility in India’s commercial segment, where electric three-wheelers have become an increasingly popular choice for cost-conscious fleet owners and individual operators. MLMML’s sustained momentum also demonstrates its ability to scale operations efficiently amid intensifying competition from both emerging start-ups and traditional automakers.

Strong Growth and Milestone Achievements

In the second quarter of FY26, Mahindra’s commercial EV division reported an impressive 51% year-on-year growth, a clear indicator of rising market confidence and strong demand for its products. Cumulatively, MLMML has now crossed 2.85 lakh electric vehicle sales, with the last 1 lakh units sold in just 13 months—a record that highlights the surging adoption of Mahindra’s electric portfolio.

The company’s current product range includes popular models such as the Treo, Treo Zor, Zor Grand, Treo Yaari, e-Alfa, and the recently introduced Mahindra ZEO 4-wheeler. Together, these vehicles cater to a wide range of applications, from last-mile delivery to passenger transport, offering reliable performance and lower operating costs.

Early Mover Advantage and Customer Focus

Since entering the L5 EV segment in 2018, Mahindra has leveraged its early mover advantage to establish strong brand equity and customer trust. The company has focused on enhancing driver comfort, vehicle durability, and profitability — areas that continue to attract repeat buyers and fleet operators.

MLMML’s extensive dealer and service network across India has played a crucial role in sustaining its leadership. The company’s UDAY NXT program, offering benefits such as ₹20 lakh accidental insurance, has strengthened its relationship with customers, particularly driver-partners and small business owners seeking secure and dependable EV options.

Future Outlook: Sustaining Market Dominance

With EV penetration in the L5 category reaching 32% year-to-date, Mahindra is poised to remain a dominant force in India’s evolving electric mobility landscape. Analysts expect the company’s focus on innovation, service accessibility, and total cost of ownership to drive further growth.

Despite increased competition from new entrants, Mahindra’s emphasis on technology-led reliability and profitability positions it well for sustained leadership. The company continues to play a central role in India’s mission to achieve cleaner and more efficient last-mile transportation.