Mahindra Last Mile Mobility Limited (MLMML) has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands, Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2 per cent EV penetration in the segment. This marks a substantial increase from 16.9 per cent EV penetration in FY24.

MLMML’s market share in the L5 category stands at an impressive 37.3 per cent, despite stiff competition from legacy players and new entrants.

The company has achieved notable milestones, including:

– Becoming the first to sell over 2 Lakh commercial EVs

– Selling over 1 Lakh units of the Treo, India’s No.1 electric auto

In FY25, MLMML expanded its product portfolio with the launch of the Treo with a metal body and the Mahindra ZEO, its first-ever 4 wheeler electric SCV. The Mahindra ZEO, following on the footsteps of its electric 3 wheeler stablemates, has started off on its 4 wheeler cargo electrification journey.