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EKA Mobility has partnered with EVR Motors, and real research and development on e-buses has just begun.

In India, EVR Motors will develop tiny, lightweight electric motors for e-buses and light commercial vehicles (LCVs).

Buses27-Mar-23•••
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The Haridwar Factory of Mahindra Last Mile Mobility has produced its 50,000th e-Alfa.

The e-Alfa Mini is ideal for last-mile connections in metropolitan cities. The e-Alfa Mini features an appealing exterior design, a sturdy body, a spacious cabin for the driver and passengers, and exceptional suspension and chassis.

3 Wheelers24-Mar-23•••
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VST Tillers Shares Rise 18% on crossing 500,000 power tillers production milestone

VST Tillers Ltd announced the debut of its premium utility tractors under the Zetor brand in Q1FY24.

Tractor24-Mar-23•••
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Eicher Motors has declared that it will raise the prices of its commercial vehicles by 2-5 per cent.

Due to new BS6 requirements and inflationary pressure, Eicher Motors, the parent company of Volvo Eicher Commercial Vehicles, has declared that it will raise the prices of its commercial vehicles by 2-5 per cent.

Trucks24-Mar-23•••
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Tractor sales growth will be half to 4-6 per cent and operating profit margins will improve.

Steel and pig iron prices, which account for over 90% of total raw material costs for tractors, have decreased in recent months

Tractor23-Mar-23•••
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Solis Yanmar Becomes the First Multinational Tractor Brand To disclose its tractor price on its official website.

The new step of exposing prices on its website would provide farmers with greater security and faith in the tractor purchasing process

Tractor23-Mar-23•••
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The International Finance Corporation (IFC) has announced a $30 million investment in JK Tyres to expand energy-efficient tyre manufacturing.

IFC will acquire a 5.6% stake in the tyre giant through the preferential issuance of compulsorily convertible debentures (CCDs).

Tyre23-Mar-23•••
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Mahindra & Mahindra's new last-mile mobility company would receive a Rs 600 crore investment from the International Financing Corporation.

This is IFC's first investment in domestic EV manufacturing and the first in electric three-wheelers internationally. The investment will be made in one or more instalments of up to Rs 6,020 crores in the form of required convertible instruments.

Three Wheelers22-Mar-23•••
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GreenCell Mobility's NueGo introduces the first e-bus service between Agra and Delhi.

NueGo employs well-trained and friendly employees and provides airport-style premium lounges in selective cities. This lounge provides client assistance, luggage management services, a curated F&B menu, and on-time performance.

Buses22-Mar-23•••
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Tata Motors raises the price of BS6 Phase II-compliant CVs.

Tata Motors increased prices by 1.02% to Rs 416.60. The price rise will be applied to the whole commercial vehicle line. The exact amount will depend on the model and variant.

Trucks22-Mar-23•••
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M&M acquires a 100% stake in the startup MITRA.

MITRA intends to grow its product line and network in India and global markets as a result of this takeover.

Cmv360.com21-Mar-23•••
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New Holland Agriculture has opened a training centre in Noida to upgrade technical abilities.

The training center will provide technical and commercial training for tractors, harvesters, and balers. It can train 75 people at a time, which will increase to 90 for various training programs in the future.

Tractor21-Mar-23•••
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DICV raises the safety of BharatBenz heavy-duty trucks

DICV has modified the cabins on its newest trucks for AIS-031 compliance in accordance with European rules, with the goal of increasing driver safety on the road.

Trucks21-Mar-23•••
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KSRTC plans to deploy e-buses on five additional intercity routes.

The KSRTC is leasing 50 AC e-buses under the Centre's FAME II scheme.

Buses20-Mar-23•••
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Continental Tyres India will introduce 'Intelligent Tyres' for the commercial vehicle market.

The CrossContact HT line, essentially a line to boost highway safety, is another item planned for this year.

Tyres20-Mar-23•••
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