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CMV360 Weekly Wrap covers top updates from EVs, trucks, tractors, construction equipment, farmer schemes, subsidies, crop insurance, fertilizer availability, corporate announcements, and key industry developments from 27 July-01 August 2026.
Switch Mobility will supply 650 electric buses for Mumbai and Pune under the PM E-Drive scheme, expanding electric public transport with AC and Non-AC buses in Maharashtra.
Omega Seiki Mobility secures ₹50 crore funding to expand manufacturing, R&D, dealer network and EV product portfolio while strengthening its presence in India's electric commercial vehicle market.
EKA Mobility launches 15 electric buses in Zanzibar, with operations from August 1 and plans to expand the fleet to 150 buses by the end of 2026.
Ashok Leyland raises FY26 R&D spending to Rs 635 crore, expanding EV technology, AI, connected vehicles, battery manufacturing, hydrogen, LNG, and sustainability initiatives for future commercial vehicle growth.
Euler Motors partners with Green Drive Mobility to deploy 500 electric cargo vehicles this fiscal year, expanding sustainable mid-mile and last-mile logistics across major Indian cities.
Sun Mobility reported 79% revenue growth, raised R&D spending to Rs 35.4 crore, reduced losses by nearly 90%, and strengthened its battery-swapping expansion strategy in FY26.
SWITCH Mobility launches EiV9 electric bus with 213 kW motor, advanced safety, premium comfort, and showcases upgraded EiV12 Intercity at Prawaas 5.0.
EKA Mobility launches 9M Electric School Bus with 180 km range, LFP battery options, fast charging, advanced safety features, and seating for 43 passengers plus driver.
EKA Mobility begins deploying 876 electric buses across eight Rajasthan cities under the PM e-Bus Sewa Scheme, boosting sustainable and accessible public transportation.
India's electric bus sales reached 710 units in June 2026, rising 97.2%. Switch Mobility led the market, while PMI Electro Mobility and Olectra Greentech secured the next positions.
June 2026 E-3W goods sales saw Mahindra retain leadership, Bajaj post 60.6% YoY growth, and Piaggio, Euler, Omega Seiki, and Dilli Electric Auto record encouraging performance.
Rajasthan CM Bhajan Lal Sharma flags off EKA electric buses. First phase of 876 e-buses under PM e-Bus Sewa to operate across eight cities in Rajasthan.
Omega Seiki Mobility will integrate Honda's e-battery-swapping ecosystem with its Rage+ electric cargo three-wheeler, aiming to reduce downtime and improve efficiency for commercial vehicle operators in India.
EKA Mobility achieves a major milestone by rolling out its 1,000th electric SCV from Pune. The company expands EV manufacturing with strong domestic and global partnerships.
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