VE Commercial Vehicles forms JV with iTriangle Infotech to provide automotive solutions
New Delhi: VE Commercial Vehicles Limited (“VECV”), a material subsidiary of Eicher Motors Limited, has announced its collaboration with iTriangle Infotech Private Limited (“iTriangle”) to provide automotive connected solutions.

Uber gets nod to run bus service in Delhi
Uber, Aaveg get approval for running ‘premium bus services’ in Delhi – Here’s how you can book a seat
The Financial Express

Empowering India's Electric Bus Revolution: The Role of Blended Finance
In the case of electric buses, the upfront capital cost, and the looming specter of battery replacements, constituting nearly 50% of the Total Cost of Ownership (TCO), cast a daunting shadow. The absence of viable financing models exacerbates this challenge, identified by operators as a primary obstacle hindering widespread adoption. From the financier's standpoint, the reluctance stems from the novelty of the technology and its limited uptake thus far. Uncertainties regarding battery life and replacement costs further compound the perceived risks, creating a formidable barrier.

TIVOLT Electric set to launch e-SCV under 'Montra Electric' brand

BMTC electric bus drivers employed by Tata Motors in Bengaluru protest non payment of salaries

Murugappa Group’s TIVOLT EV to launch e-SCV under Montra Electric brand
New Delhi: TIVOLT Electric Vehicles, a venture of Murugappa Group, and a subsidiary of TI Clean Mobility (TICMPL), plans to launch electric small commercial vehicles (e-SCV) in the end of second quarter.

VECV Q4 FY24 PAT up 18.2% to INR 1,070 cr
New Delhi: Eicher Motors Ltd. leading automaker has reported that for the quarter to March 31, 2024 its total revenue was at INR 4,256 crore, up 11.87% compared to INR 3,804 crore in the corresponding quarter of FY 2022-23. EBITDA was INR 1,129 crore, up 20.88% compared to INR 934 crore in the same quarter of the previous financial year.

Eicher Motors sets aside capex of ₹2,200 cr. capex for FY25

Childhood passion drives his career

Electric buses on long-distance routes: Government plans big e-mobility push for intercity travel

Tata Motors launched all-new Tata Ace EV 1000, zero-emission mini truck
Tata Motors strengthened its e-cargo mobility solutions with the launch of its all-new Ace EV 1000, developed to revolutionise last-mile mobility. This zero-emission mini-truck boasts a higher-rated payload of 1 tonne and a certified range of 161km on a single charge. This extended range will address evolving needs from various sectors like FMCG, beverages, paints & lubricants, LPG & dairy.

Your next interstate bus could soon be electric; govt plans to scale up charging infra along key routes

Tata Motors to launch 1-tonne Ace on May 9
Tata Motors, India’s biggest commercial vehicle maker, will launch a bigger and more powerful version of the electric Ace on Thursday. This move is poised to bolster the company’s presence in the electric vehicle (EV) last-mile mobility segment.

TVS SCS wins new business deal for Eicher’s bus facility in Baggad, MP
New Delhi: TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has won a new business contract from VE Commercial Vehicles (VECV) for managing its in-plant warehousing and logistics function at its Eicher bus factory located in Baggad, Madhya Pradesh.

Tata Motors rolls out 9,00,000th vehicle from Lucknow facility
New Delhi: Tata Motors, India’s largest commercial vehicle manufacturer, has rolled 9,00,000 vehicles from its Lucknow facility.

GreenCell gets INR 300 cr credit from Sumitomo Mitsui Bank for UP e-bus project
New Delhi: GreenCell Mobility, a pioneer in the electric mass mobility sector, has secured Green Financing worth over INR 300 crore from the Sumitomo Mitsui Banking Corporation (SMBC), Japan for its electric bus project in Uttar Pradesh.

Magenta Mobility partners with Switch Mobility to deploy eLCVs across India
Magenta Mobility, an integrated electric mobility solutions provider, and Switch Mobility, the electric vehicle arm of the Hinduja Group, have signed a Memorandum of Understanding (MoU) to procure 500 SWITCH IeV4 (Intelligent EV) over two years.

Used truck market to stay in positive growth curve amid rise in prices of vehicles
Chennai: The used truck market in the country is expected to maintain its growth momentum despite the increase in prices of pre-owned vehicles, according to Umesh G Revankar, Executive Vice-Chairman, Shriram Finance Ltd. Less availability of vehicles and continuing increase in prices of new trucks are reported to be the key factors for growth and price hikes in the used truck market.

India's emerging electric truck market set to double in FY25?

Olectra renews collaboration with BYD till 2030
Olectra Greentech Ltd (OGL), a leading manufacturer of electric buses, has achieved a milestone by surpassing 10,000 units in its e-bus order book. It is the first e-bus OEM in the country to achieve this.

Zen Mobility opens manufacturing hub for Micro Pods with 50,000-unit capacity

Ashok Leyland plans flurry of launches to boost light trucks market share

Commercial aircraft, motor vehicles lift US factory orders
New orders for U.S.-manufactured goods increased solidly in March, boosted by demand for commercial aircraft and motor vehicles, but gains elsewhere were moderate.

Isuzu Motors India presents new ‘Lifestyle Pick-up’ Models in India; prices start at INR 21.19 lakh
New Delhi: Isuzu has introduced its enriched personal passenger pick-ups, that are Made-in-India which are Made-for-India. Today’s launch highlights ISUZU’s commitment to set a trend in the lifestyle pick-up segment, it pioneered in India.

ICCT to lead EV taskforce for e-trucks in India

Ashok Leyland sales increase 9% to 13,446 units in April 2024

VECV domestic sales declines 20.3% to 4,898 units Y-o-Y in April 2024

VECV to invest around INR 1000 cr on multiple alternative fuel technologies for new-age CVs
New Delhi: Disruption is becoming commonplace in the new-age automotive industry. The work-in-progress scenario of the fuel technology landscape makes it more challenging for industry players as they have to prepare for multiple scenarios. And, that’s driving Volvo Eicher Commercial Vehicles (VECV) to invest “almost INR 1,000 crore” on developing alternative fuel technologies.

Tata Motors promotes annual maintenance contract
Tata Motors, India’s commercial vehicle manufacturer, has rolled out a new digital campaign; ‘Karo Business Tension Free’.

Olectra Greentech Q4 Results Live : profit falls by 49.23% YOY