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In October 2025, Mahindra Last Mile Mobility led India’s electric three-wheeler goods segment, followed by Bajaj Auto and Omega Seiki, showing strong growth in EV cargo adoption.
This week’s CMV360 Wrap-Up covers Greaves EV financing, Delhi’s pollution ban, Montra’s new CEO, and strong festive sales from Mahindra, Tata Motors, VECV, and Escorts Kubota.
Montra Electric appoints Deependra Sharma as CEO of its electric three-wheeler division to lead innovation, customer trust, and sustainable mobility growth in India.
Highway Infrastructure secures ₹1.96 crore contract to set up e-bus charging infrastructure at Nayta Mundla under the PM E-Bus Seva scheme within four months.
Montra Electric opens e-SCV dealerships in Bhiwandi and Panvel with Autobahn VoltiGo, offering its flagship EViator for clean and efficient logistics.
BEST expands fleet with 150 eco-friendly e-buses, improving connectivity, accessibility, and sustainability across Mumbai.
Euler Motors is transforming India’s commercial transport with zero-emission electric vehicles, cutting carbon emissions, expanding nationwide, and pioneering innovation through its HiLoad EV and new 4-wheeler range.
CESL to issue a ₹10,900 electric bus tender under NEBP from 6 Nov 2025, expanding India’s clean mobility with eco-friendly buses across Bengaluru, Delhi, Hyderabad, Surat, and Ahmedabad.
Greaves Electric Mobility joins hands with Perpetuity Capital to offer affordable financing for electric two and three-wheelers, enabling up to 90% funding with low interest and flexible EMIs.
Puducherry launches 25 Olectra electric buses under its Smart City initiative to promote sustainable mobility, offering zero-emission travel and modern, eco-friendly public transport solutions.
SwitchLabs to commission 52 electric trucks by November, starting with Tata Prima E.55S EVs at JK Lakshmi Cement plants, promoting sustainable and cleaner transport in India.
MoEVing partners with Tata Motors dealers to introduce 700 electric vehicles across 10 cities, enabling cleaner last-mile deliveries and reducing 2,000 tonnes of carbon emissions annually.
Piaggio and RiseWise Capital offer 100% financing for electric three-wheeler battery replacements, reducing costs for operators with flexible repayment options across Maharashtra, Gujarat, Karnataka, and Chhattisgarh.
India to make AVAS mandatory for electric cars, buses, and trucks by 2027 to improve road safety and alert pedestrians.
Tata Capital partners with Jupiter EV to offer financing for electric LCVs, making sustainable mobility easier for businesses across India.
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