
Despite tough competition from big brands and new companies, MLMML has secured a 37.3% market share in the L5 category.

Switch Mobility's revenue target for the current fiscal year is between Rs 900 and 1,000 crore. The Indian operations of Switch Mobility are already generating positive EBITDA.

Ashok Leyland stated that the low demand for zero-emission passenger vehicles in the UK has led the company to rethink its operations after 15 years in the region.

Rilox EV introduces Rilox E-Mobility, a new division offering affordable EV leasing options for businesses and individuals starting April 1, 2025. The service includes a battery-swapping solution for added convenience and efficiency.

Eicher Trucks partners with Magenta Mobility to deploy 100 Pro X electric trucks, enhancing sustainable logistics in key Indian cities.

The Hydrogen Fuel Cell bus can carry over 30 passengers and will be tested for three years at Cochin International Airport (CIAL).

The UAE investor will work with Erisha to develop and run facilities for electric and hydrogen vehicles, renewable energy equipment, and semiconductor production.

The company aims to introduce 2-tonne and 3-tonne electric trucks by the end of the year, further strengthening its presence in urban logistics and last-mile delivery.

Dawki Mobility is gearing up for a product launch over the next two financial years.

The Mahindra WE Hunnar program, initially launched as a pilot in Bengaluru, will now expand to other cities across India.

This partnership aligns with India's goal of having 80 million electric vehicles on the roads by 2030.

In this news, we will analyze the brand-wise sales trend of Electric buses in India in February 2025 based on the Vahan Dashboard data.

The Chennai facility, which produces commercial vehicles for both the Indian and export markets, is one of the company’s major production hubs in Asia.

Under this tender, JBM Ecolife Mobility will manage the entire project from start to finish.

CMV360 Weekly Wrap-Up (8-14 Feb 2025) covers PMI’s ₹250 Cr funding, VECV’s new plant, Mahle’s hydrogen project, EV app launch, and tractor sales growth.




