Mahindra Logistics' Alyte targets 5x EV fleet to 350 vehicles at Noida airport by FY27

Alyte, the official taxi partner at Noida International Airport since June 15, plans to scale from 70 to ~350 EVs by FY27, adding ~280 vehicles. The push intensifies premium electric mobility competition in Delhi-NCR against Green SM (1,000 EVs), Trevel (500 by Mar 2027), BluSmart and Meru.

— Source publishedThu, 18 Jun, 2026, 14:32 IST·First seen Thu, 18 Jun, 2026, 14:41 IST·Source BL · Consumer & Economy

What happened

Mahindra Logistics Alyte · Mahindra Logistics' Alyte platform, official taxi partner at Noida International Airport since June 15, plans a five-fold fleet

Key facts

  • 70 EVs current
  • 350 vehicles target FY27
  • ~280 EV additions
  • Green SM 1,000 EVs
  • Trevel $1M raise
  • Trevel 500 vehicles by Mar 2027
  • launch June 15

Why this matters

The Noida airport concession plus aggressive EV scale-up positions Alyte as a consolidation anchor or partnership target in India's fragmenting premium electric mobility space, where sub-scale players may seek exits as the 1,000+ EV tier emerges as table stakes.

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