New Delhi, April 2, 2026 — Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric commercial vehicle manufacturer, continued its strong market leadership in FY’26. MLMML reinforced its position as India’s No.1 electric commercial vehicle manufacturer for the fourth consecutive financial year. This milestone is a testament to the trust of numerous drivers and fleet owners who have chosen their entrepreneurship journey with MLMML. The Company also crossed the milestone of 1 Lakh EV sales in a single financial year. Cumulatively, MLMML has sold more than 3.4 Lakh EVs till date.
MLMML commands a strong presence in the L5 category, with a market share of 39.7%. The Company has achieved several notable milestones in FY’26, including:
∙€ Crossed 1 Lakh EV sales in FY’26, becoming the first commercial vehicle manufacturer to achieve this milestone.
∙€ Completed 6 Billion+ e-kilometre cumulatively, reducing ~240 kilo MT of carbon emissions and supporting India’s sustainability goals.
In FY’26, MLMML expanded its product portfolio with the launch of the all-new Mahindra UDO. The UDO has been developed keeping customer insights in mind. It boasts segment-first features like Reverse Throttle, an aerodynamic design and a 200 kilometre real-world driving range. MLMML’s continued focus on innovation, reliability, and sustainability positions it at the forefront of India’s last-mile electric mobility transformation.
