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Tata Motors Dominates the Electric Commercial Vehicles Market with 50% Share

Electric CV sales in November witnessed a tremendous 166% YoY growth with a total of 541 units being sold in the month. The sales numbers also show a 7% MoM decline when compared to 582 units sold in October.

Bus04-Dec-23•••
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EKA Mobility to deliver 50 e-buses to MBMC and UMC in Maharashtra over next few weeks

MBMC and UMC are the governing bodies of Mira-Bhayandar and Ulhasnagar, respectively, in Maharashtra. MBMC aims to encourage environmentally friendly alternatives in the state by introducing 57 electric buses.

Bus04-Dec-23•••
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Electric 3-Wheelers Market Thrives as Mahindra Last Mile Mobility Leads with 9% Share

In November 2023, the electric three-wheeler market in India witnessed significant growth. Mahindra Last Mile Mobility (MLMM) emerges as the market leader, securing a 9% share with over 35,000 units sold in FY2023.

Three wheelers04-Dec-23•••
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Women Farmers Take the Lead in Revolutionary Drone Training for Nano Urea Application

Officials from IFFCO reveal an ambitious plan to procure 2500 drones, signalling a commitment to lead the adoption of nano fertilizers across the country.

Tractors02-Dec-23•••
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Ashok Leyland expects to cross INR 1,000 crore mark from defence business in FY24

In the first half of the year, the brand generated business of over INR 300 crore. A significant hike in defence business turnover is expected by the second half of the year.

Truck02-Dec-23•••
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Omega Seiki Mobility Sets New Standards with the Inauguration of Green-Energy Powered COCO Service Centre in NCR

The COCO Service Centre aims to deliver an unparalleled experience for customers seeking electric vehicle service. With its capacity to service over 3,000 vehicles annually, it accounts for approximately 30% of the overall sales.

Three wheelers02-Dec-23•••
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VECV sells 4,333 units of commercial vehicles in November 2023 with a 3.78% YoY growth

Eicher trucks also experienced a gain of 3.41% with CV sales reaching 4,128 units for the month. Volvo trucks also witnessed a 12% growth in CV sales.

Truck02-Dec-23•••
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VST Tillers & Tractors Reports Sharp Decline in November 2023 Sales: Tractors Drop by 46.07%, Power Tillers by 11.93%

In November 2023, VST sold 295 units of tractors in the domestic market. This figure represents a 46.07% decline compared to the 547 tractors sold in November 2022.

Tractors01-Dec-23•••
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Ashok Leyland commercial vehicle sales for November 2023 - A 5% drop with 12,049 units sold in India

While the company saw a drop in domestic sales, it flourished significantly in the international market. The brand experienced a +116% year-on-year (YoY) change for the export category with a total of 437 CV units being sold during the month.

Truck01-Dec-23•••
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Mahindra Commercial Vehicle sales for November 2023 - A 16% growth with a total of 28,779 sold in India

Mahindra reported a growth of 16% with total CV sales reaching 28,779 units in the month compared to last year’s total of 24,789 units.

Truck01-Dec-23•••
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Tata Motors commercial vehicle sales for November 2023 - Total 26,579 units sold in India at 3% drop

The company reported total (Domestic + Export) sales of 74,172 units (CVs + PVs) in Nov 2023. Previously total numbers were at 75,478 units in November 2022.

Truck01-Dec-23•••
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Escorts Kubota Tractor Sales Show Mixed Performance in November 2023

In the domestic market, Escorts Kubota sold 7,855 tractors in November 2023, surpassing the previous year’s sales of 7,359 tractors.

Tractors01-Dec-23•••
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M&M Tractor Sales Increases by 6% in Domestic Market in November 2023

Mahindra Domestic tractor sales were 31,069 units in November 2023, compared to 29,180 units in November 2022.

Tractors01-Dec-23•••
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Tata Motors launches deliveries of Prima VX tipper

The state-of-the-art Tata Prima VX Tipper truck is designed for high productivity, better safety and enhanced comfort for the drivers.

Truck01-Dec-23•••
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Cabinet Approves Rs 1261 Crore Budget for Central Sector Scheme Empowering Women Self Help Groups

The utilization of drone technology in agriculture has the potential to significantly enhance productivity, optimize resource utilization, and streamline farming processes.

Tractors30-Nov-23•••
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