Driving Affordable EV Adoption
Mahindra Last Mile Mobility (MLMM) has announced a strategic partnership with Axis Bank to make financing for electric cargo vehicles more accessible across India. This collaboration merges Mahindra’s leadership in e-mobility solutions with Axis Bank’s strong financial network, enabling small businesses and logistics players to transition to clean energy fleets with ease.
Enabling Sustainable Last-Mile Transport
The joint initiative focuses on reducing financial barriers to EV adoption by offering customized loan options and faster credit approvals. With India’s logistics sector rapidly embracing electric mobility, the partnership will empower operators to expand their fleets sustainably while lowering operational costs and emissions. This move supports India’s broader vision for net-zero and green transportation.
Empowering India’s EV Ecosystem
Through this collaboration, Mahindra and Axis Bank are not only providing vehicles and finance but also building confidence in EV ownership. By electrifying last-mile logistics, they are setting a precedent for scalable, financially inclusive growth in the commercial EV sector — a crucial driver of the nation’s green economy.
