Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s (M&M) division -- Mahindra Last Mile Mobility has reported an over two-fold rise in its electric three-wheeler sales at 36,816 units in FY23, as compared to 17,522 units in FY22. 

In FY23, the company introduced its new three-wheeler EV, the Zor Grand, which contributed to an order book of more than 23,000 within a year of its launch. Apart from the Zor Grand, the electric three-wheeler portfolio of the company consists of the Treo range of vehicles, and the Alfas - Mini and Cargo.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.