TL;DR
Mahindra Last Mile Mobility leads India's electric commercial vehicle market for the fourth year, selling over 1 lakh EVs in FY26 and introducing the new UDO.
Mahindra Last Mile Mobility Limited (MLMML) has reaffirmed its position as India's leading electric commercial vehicle manufacturer for the fourth consecutive financial year in FY26. This achievement underscores the widespread trust from numerous drivers and fleet owners who have opted for MLMML's solutions in their entrepreneurial journeys. The company also reached a significant milestone by crossing 1 lakh EV sales within a single financial year, making it the first commercial vehicle manufacturer to do so.
Cumulatively, MLMML has sold over 3.4 lakh EVs to date and commands a strong presence in the L5 category with a market share of 39.7%. In FY26, MLMML expanded its product portfolio with the introduction of the all-new Mahindra UDO, designed with customer insights in mind and featuring segment-first features like Reverse Throttle and a 200-kilometer real-world driving range. The company's consistent focus on innovation, reliability, and sustainability is pivotal in driving India's last-mile electric mobility transformation.
