Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric commercial vehicle manufacturer, continued its strong market leadership in FY26, consolidating its position as India’s number one electric commercial vehicle manufacturer for the fourth consecutive fiscal year.
This milestone reflects the trust of the many drivers and fleet owners who have chosen to embark on their entrepreneurial journey with MLMML. The company also crossed the milestone of 100,000 electric vehicle sales in a financial year. To date, MLMML has sold more than 340,000 electric vehicles.
MLMML has a strong presence in the L5 category with a market share of 39.7%. The company achieved several notable milestones in FY26, including:
• Electric vehicle sales exceeded 100,000 units in FY26, becoming the first commercial vehicle manufacturer to achieve this milestone
• Completed over 6 billion kilometers cumulatively, reducing carbon emissions by approximately 240 metric tons, supporting India’s sustainable development goals
In FY26, MLMML expanded its product portfolio with the launch of the new Mahindra UDO. Developed based on customer insights, UDO features segment-first innovative features such as reverse throttle, aerodynamic design and a real-world driving range of 200 kilometers.
MLMML’s continued focus on innovation, reliability and sustainability puts it at the forefront of India’s last-mile electric mobility transformation.
