Mumbai, April 2, 2026: Mahindra Last Mile Mobility Limited (MLMML) has reinforced its dominance in India’s electric commercial vehicle market, retaining its position as the No.1 manufacturer for the fourth consecutive financial year (FY26).

The company also achieved a major industry milestone by crossing 1 lakh electric vehicle (EV) sales in a single financial year, becoming the first commercial vehicle manufacturer in India to do so. Cumulatively, MLMML has now sold over 3.4 lakh EVs, reflecting strong adoption among drivers and fleet operators.

Strong Market Share in L5 Segment

MLMML continues to maintain a commanding position in the L5 electric three-wheeler category, with a 39.7% market share. The company’s sustained growth highlights increasing trust from last-mile delivery operators and small business owners transitioning to electric mobility.

Key Milestones Achieved in FY26

The financial year marked several significant achievements for the company:

• 1 lakh EV sales milestone in a single year
• 6 billion+ e-kilometres driven cumulatively
• Reduction of approximately 240 kilo metric tonnes of carbon emissions

These milestones underline MLMML’s contribution to India’s sustainability and clean mobility goals, while supporting the livelihood of thousands of entrepreneurs.

Mahindra UDO Expands Product Portfolio

In FY26, the company further strengthened its lineup with the launch of the all-new Mahindra UDO, designed based on customer insights and evolving market needs.

Key highlights of the Mahindra UDO include:

• Segment-first Reverse Throttle technology
• Aerodynamic design for improved efficiency
• Up to 200 km real-world driving range

The introduction of the UDO reflects MLMML’s continued focus on innovation, practicality, and driver-centric design.

Driving India’s EV Transition

With its expanding product portfolio, strong market share, and consistent innovation, Mahindra Last Mile Mobility remains at the forefront of India’s last-mile electric mobility transformation.