India’s electric commercial vehicle segment continued its upward trajectory in May 2026, with total retail registrations climbing to 2,400 units — a 119.4% year-on-year surge from 1,094 units in May 2025 and a 3.40% sequential rise over April 2026’s 2,321 units. Perhaps more telling is the market share story: EV penetration in the commercial vehicle […]
Continue Reading
India’s electric commercial vehicle (e-CV) market continued to show strong year-on-year momentum in April 2026, even as the segment witnessed a sequential slowdown after a strong March. According to FADA retail data, total electric CV retail sales stood at 2,245 units in April 2026, registering a sharp 148.9% growth over April 2025. However, volumes declined […]
Continue Reading
India’s electric CV shift is picking up pace, and with better infrastructure and rising adoption, it is fast becoming one of the most competitive and rapidly evolving segments in the industry. India’s electric commercial vehicle (CV) market has entered a high-growth phase in FY26, with total retail volumes more than doubling to 19,454 units—up 120.6% […]
Continue Reading
Mahindra Last Mile Mobility has unveiled the Mahindra UDO, an all-new electric three-wheeler that marks a decisive shift in the evolution of India’s L5 passenger carrier segment. With an introductory price of ₹3.58 lakh (ex-showroom), the company is positioning the UDO not merely as a product upgrade, but as a category reset: combining long-range capability, […]
Continue Reading
Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is India’s no.1 electric commercial vehicle manufacturer, having sold more than 2 Lakh EVs. Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both the companies […]
Continue Reading
India’s No.1 electric 3-wheeler manufacturer, Mahindra Last Mile Mobility Limited (MLMML) – a subsidiary of Mahindra & Mahindra, and Attero, a global leader in Lithium-ion battery recycling as well as e-waste management, have joined forces. This strategic collaboration, focused on effective EV battery recycling, represents a proactive effort to tackle the environmental concerns linked to […]
Continue Reading
Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36 816 EVs and had a market share of 14.6%*. This is significantly up from FY22’s performance of 17 522 units and 7.6%* market share. The widespread 1150 touchpoints […]
Continue Reading