FY23 reports, Mahindra Last Mile Mobility is India’s No. 1 electric 3-wheeler manufacturer

Mahindra Last Mile Mobility (LMM), a division of Mahindra& Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36816 EVs and had a market share of 14.6%. The widespread 1150 touchpoints across India, 10 000+ charging stations set up, and the Mahindra brand reliability have helped LMM retain its No.1 EV manufacturer position. LMM added a 3-wheeler EV, the Zor Grand, to its electric portfolio in FY23, leading to an order book of over 23 000 vehicles.

It also sold a whopping one lakh 3-wheeler EVs, strengthening its No.1* 3-wheeler EV manufacturer position.Mahindra Treo, Treo Zor, and Zor Grand are the leading electric autos with 32% share. LMM has announced an additional line for its Treo auto at its Haridwar facility and expansion of the Zaheerabad plant to manufacture electric 3- and 4-wheelers for last mile mobility.

 Suman Mishra, CEO of LMM said “We continue to work to provide innovative, sustainable, and affordable last mile mobility solutions, which help enhance the lives of our valued customers, while contributing to the country’s carbon emission goals.”

By Business Bureau

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