Mahindra Last Mile Sales January 2026: 10,192 Units, +16.6% YoY

Mahindra Last Mile registered 10,192 vehicles in India in January 2026. Volume grew strongly 16.6% against January 2025 and nudged up 1.1% against December. Its best month on record remains October 2026 at 18,315.

Of those, 8,045 were three-wheelers (78.9% of the total), +16.3% on January 2025. That figure is exact: it is counted with Vahan's own vehicle-class filter rather than worked out from the company total.

That put Mahindra Last Mile 21st among every manufacturer registering vehicles in India in January 2026, behind Skoda Auto Volkswagen on 10,904 and ahead of John Deere on 9,110.

Measured against every vehicle registered in India that month — all segments, all fuels — that is 0.4% of the market, 0.00pp against January 2025.

Across 2026 to date — the 1 months of the year that have closed — the company has registered 10,192 vehicles, +16.6% on the same months of 2025.

86.1% of everything Mahindra Last Mile has registered in 2026 is in three-wheelers, and the company holds 9.8% of that segment nationally. Goods carriers is next at 13.8%.

This split is the calendar year to date and cannot be cut to a single month: our Vahan data holds a manufacturer's volume by month, and its volume by vehicle class, but not the two together. Multiplying them would be a guess, so the table stays on the axis where the number is exact.

84.0% of Mahindra Last Mile's 2026 registrations are battery electric — 1,24,939 vehicles, against 79.0% in 2025.

Fuel, like segment, is published against the manufacturer for the whole year rather than by month, so these shares are 2026 to date. Hybrids are counted separately from battery electrics.

Ranked on total registrations across every vehicle type, which is the finest manufacturer split our Vahan data holds with a month axis. Two-wheeler makers therefore sit above carmakers selling far more value — this is a count of vehicles, not of revenue.

The last 15 months on record. The year-on-year column compares each month against the same month a year earlier; the running month is left without one.