You have asked for the right tyre which I did not realize then! Go for energy XM1 and not simple XM1! I had the simple ones. As far as wear is concerned, I do not think michelin tyres wear so quickly. In fact what I remember that my internet searches told me they will last around more than 75,000 km.
One thing, their dry handling is not much better than the stock General tyres but the wet handling is awesome! In dry they will slip (as my city does not have ABS) whereas in wet they seldom slip!
I am just waiting for them to wear out so that I either buy Energy XM1 or some other. Will research later.
Between I found these energy XM1 at a shop in blue area Islamabad but they were asking a lot of money which I was not able to pay then. That was why I shifted to XM1 which I found at a pretty decent rate then, around half of what they were asking for Energy XM1!
Let me know if I could be of more help in this regard.