Mahindra Leads in Commercial EV Manufacturing, Surpassing 200,000 Sales Milestone

Mumbai, April 3, 2025 – Mahindra Last Mile Mobility Limited (MLMML) has reinforced its position as India’s leading commercial electric vehicle (EV) manufacturer, surpassing the sale of 200,000 electric vehicles. This milestone highlights Mahindra’s dominance in the rapidly expanding EV sector, with its flagship model, the Treo, alone exceeding 100,000 units sold.

A Milestone in India’s EV Journey

Mahindra’s commercial EV range, which includes the Treo, Alfa, and Zor Grand, has gained significant traction among last-mile mobility providers. The company attributes its success to the increasing demand for sustainable transportation, government incentives, and advancements in battery technology.

Dr. Anish Shah, Managing Director and CEO of Mahindra Group, expressed his excitement about the achievement: “Crossing 200,000 electric vehicle sales is a testament to Mahindra’s commitment to sustainable mobility. We are not just leading the EV revolution but shaping the future of transportation in India.”

Key Factors Driving Mahindra’s EV Success

• Government Support & Policies: The Indian government’s Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, along with state-level subsidies, has played a crucial role in making commercial EVs more accessible.
• Lower Total Cost of Ownership: Compared to traditional fossil-fuel-powered three-wheelers, Mahindra’s electric three-wheelers provide cost savings on fuel and maintenance, making them an attractive option for businesses.
• Technological Advancements: The Treo and other Mahindra EVs are equipped with lithium-ion battery technology, offering longer ranges and faster charging times.
• Growing EV Ecosystem: Mahindra has expanded its EV charging network in collaboration with multiple energy providers to support the increasing adoption of commercial EVs.

Future Roadmap & Expansion Plans

Looking ahead, Mahindra plans to scale up its production capacity and launch new models in the cargo and passenger segments. The company is also focusing on expanding its presence in international markets, with upcoming launches in Southeast Asia and Africa.

Experts predict that the commercial EV sector in India will continue to grow exponentially, with Mahindra maintaining its lead through continued innovation and strategic partnerships.