Mahindra Last Mile Mobility (LMM) has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36816 EVs and had a market share of 14.6%, significantly up from FY22’s performance of 17522 units and 7.6%. In FY23, LMM added a power-packed 3-wheeler EV, the Zor Grand, which contributed to an order book of over 23 000 within a year of its launch.
LMM’s electric portfolio includes the Treo range of vehicles, the Alfas – Mini, and Cargo, and has sold a whopping one lakh 3-wheeler EVs.The Li-ion-powered Mahindra Treo, Treo Zor, and Zor Grand are the leading electric autos with a 32% share
. LMM has announced an additional line for its Treo auto at its Haridwar facility and an expansion of the Zaheerabad plant to manufacture electric 3- and 4-wheelers for last-mile mobility.Suman Mishra, CEO of LMM said “In FY23, we continued our market leadership in electric 3-wheelers with the highest market share. In June ‘23, we have also reached the milestone of one lakh EV sales reflecting our deep experience and leadership in this space.”
