Mahindra Last Mile Mobility (LMM) division is on a mission to electrify India’s roads, setting an ambitious target to multiply its electric vehicle (EV) sales by two to three times by 2030. This bold vision comes after a remarkable five-year journey that saw Mahindra’s EV sales soar from 14,000 units in FY20 to an impressive 78,000 units in FY25—a testament to the company’s commitment to sustainable, affordable transport for India’s bustling cities and rural heartlands (AutocarPro, Trucks Junction).
The Growth Story: From 14,000 to 78,000 EVs
Mahindra Last Mile Mobility unit has been at the forefront of India’s EV revolution, especially in the crucial first- and last-mile connectivity segment. In just five years, the company’s EV sales have grown more than fivefold, driven by the popularity of models like the Treo electric three-wheeler and the Zor Grand cargo EV. This surge reflects a growing preference for clean, efficient, and cost-effective mobility solutions among Indian businesses and commuters (91Trucks).
Expanding the Electric Lineup: Treo, Zor Grand, and ZEO
Mahindra’s electric portfolio is expanding rapidly. In FY25, the company introduced the Treo with a robust metal body and launched the Mahindra ZEO, its first four-wheeler electric small commercial vehicle (SCV). These new models are designed to meet the diverse needs of urban and rural India, from passenger transport to cargo delivery.
The company’s focus on the L5 category (electric three-wheelers and small commercial vehicles) has paid off, with EV penetration in this segment rising from 16.9% in FY24 to 24.2% in FY25. Mahindra’s growing range now includes electric, petrol, CNG, and diesel options, ensuring flexibility for every business and driver.
Mahindra Last Mile Mobility: EV Growth Table
| Year | EV Sales (Units) | Key Milestones |
|---|---|---|
| FY20 | 14,000 | Early adoption, Treo gains traction |
| FY25 | 78,000 | Launch of Treo (metal body), ZEO SCV |
| FY30* | 156,000–234,000 | Target: 2–3x growth over FY25 |
*Projected based on company targets
Why Mahindra Last Mile Mobility Matters
First- and last-mile transport is the backbone of India’s urban and rural logistics. By electrifying this segment, Mahindra is not just reducing emissions but also lowering operating costs for drivers and businesses. The company’s EVs are already a familiar sight in cities and towns, helping move people and goods efficiently and sustainably.
The Road Ahead: Scaling Up for 2030
Mahindra’s strategy for the next five years is clear: scale up production, expand the product range, and make EVs accessible to more Indians. With strong government support for electric mobility and rising demand for green transport, Mahindra is well-positioned to lead the charge.
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Frequently Asked Questions (FAQs)
Q1: What is Mahindra Last Mile Mobility’s EV growth target for 2030?
Mahindra aims to grow its EV sales by 2–3 times by FY30, reaching up to 234,000 units annually (AutocarPro).
Q2: Which Mahindra EVs are driving this growth?
Key models include the Treo electric three-wheeler, Zor Grand cargo EV, and the new ZEO four-wheeler SCV.
Q3: What is the current EV market share for Mahindra in the L5 segment?
Mahindra’s EVs account for 24.2% of the L5 segment as of FY25.
Q4: Why is Mahindra Last Mile Mobility important for India?
It ensures efficient, affordable, and sustainable transport for both passengers and goods, especially in urban and rural areas.
Q5: What fuels does Mahindra offer for last-mile vehicles?
Mahindra’s portfolio includes electric, petrol, CNG, and diesel options.
Mahindra Last Mile Mobility division is not just chasing numbers—it’s driving a cleaner, greener future for India’s roads. With a proven track record and a clear vision for 2030, Mahindra is set to electrify the way India moves, one mile at a time.
