Mahindra set to drive in its first electric truck in 2025

Leading domestic automaker Mahindra & Mahindra is developing its inaugural range of electric light commercial vehicles (LCVs) to position itself in a fiercely competitive segment that is transitioning from conventional fuels to cleaner technologies such as compressed natural gas (CNG) and electrification, two people with direct knowledge of the company’s plans told Mint.

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Mahindra plans to launch its first line-up of electric four-wheeler commercial vehicles in 2025, complementing its existing electric three-wheeler cargo products, they added.

Mahindra confirmed the plans in an emailed response to Mint’s queries. “M&M is an industry leader in light commercial vehicle category (vehicles with sub-3.5-tonne payload). The electric three-wheeler segment has been an early adopter of electric vehicles and M&M already has a strong portfolio of electric 3-wheelers with a dominant market share. We will consolidate our leadership in LCV sub-3.5 tonne category with a new range of electric vehicles by 2025-26," Veejay Nakra, president, automotive sector, M&M, said.