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Mahindra Electric Mobility growth rise 214% from FY21

Mahindra Electric Mobility

Mahindra Electric Mobility – 214% growth from FY21

Mahindra Electric Mobility Limited, a subsidiary of the Mahindra Group, has announced that it ended the fiscal year with a market share of 73.4 percent, making it the country’s leading electric three-wheeler producer. With the Treo auto, Treo Yaari, Treo Zor, e Alfa Mini, and e Alfa Cargo, Mahindra Electric has one of the widest portfolios of electric 3-wheelers, according to the firm in an official release. 
 
The Treo auto is the most popular electric 3-wheeler for passengers, with a market share of 70.4 percent, while the Treo Zor is the most popular freight vehicle, with a market share of 52.1%. . “Our customers prefer our vehicles because of the significant savings they receive from rising gasoline, diesel, and CNG prices,” the company claims.

Mahindra Electric Mobility

“I am delighted that over the past year, we have significantly expanded our EV footprint while reducing pollution (which would have required the planting of 20 lakh trees) and Suman Mishra, CEO of Mahindra Electric Mobility Limited, said, “We are committed to the Government’s aim of sustainable development.” 
 
I’d like to congratulate our stakeholders on their achievements, and I hope to keep the momentum going in FY’23 with a variety of innovative products and solutions in the last mile mobility arena.” 
 
According to the company’s BSE filing, Mahindra last mile products have travelled more than 427 million kilometres and avoided more than 42,835 metric tonne of CO2. 

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