Mahindra LMM Tops Electric CV Market for Fourth Consecutive Year

Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric commercial vehicle manufacturer, continued its strong market leadership in FY’26, reinforcing its position as the country’s No. 1 electric commercial vehicle manufacturer for the fourth consecutive financial year.

This milestone reflects the trust of numerous drivers and fleet owners who have chosen to embark on their entrepreneurial journey with MLMML. The company also crossed the landmark of 1 lakh EV sales in a single financial year. Cumulatively, MLMML has sold over 3.4 lakh EVs to date.

MLMML commands a strong presence in the L5 category, with a market share of 39.7%. The company achieved several notable milestones in FY’26, including:

• Crossing 1 lakh EV sales in FY’26, becoming the first commercial vehicle manufacturer to achieve this milestone
• Completing over 6 billion e-kilometres cumulatively, reducing approximately 240 kilo MT of carbon emissions and supporting India’s sustainability goals

In FY’26, MLMML expanded its product portfolio with the launch of the all-new Mahindra UDO. Developed based on customer insights, the UDO features segment-first innovations such as Reverse Throttle, an aerodynamic design, and a real-world driving range of 200 kilometres.

MLMML’s continued focus on innovation, reliability, and sustainability positions it at the forefront of India’s last-mile electric mobility transformation.