Mahindra electric 3-W sales surge 2x in FY23

New Delhi: Mahindra Last Mile Mobility on Monday reported an over two-fold rise in its electric three-wheeler sales at 36,816 units in FY23, as compared to the previous fiscal.

The company, a division of Mahindra & Mahindra, had sold 17,522 units in FY22, Mahindra Last Mile Mobility (LMM) said in a statement. 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, it added.