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CMV360 Weekly Wrap-Up | This Week That Mattered (April 10-15): Mahindra will launch 40 tractor models under the new OJA brand.

The Mahindra Oja tractor platform will produce 40 models, ranging in power from 20hp to 70hp, and will be targeted in four key geographies over the next three fiscal years, beginning this year.

Multiple15-Apr-23•••
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Ashok Leyland goes digital to enter the used commercial vehicle market.

Customers could use the e-marketplace to trade in their current vehicles and upgrade to an Ashok Leyland truck or bus.

Multiple15-Apr-23•••
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Omega Seiki Mobility is in the process of establishing two new EV factories in south India.

Omega Seiki Mobility is also looking into the possibility of establishing a single integrated plant for electric three-wheelers and electric trucks.

Three Wheelers13-Apr-23•••
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Eaton introduces Tech Day 2023, which will feature cutting-edge power management solutions.

Eaton Aerospace Solutions manufactures hydraulic, fuel, pneumatic, actuation, and electrical products that deliver safe and efficient solutions for aircraft.

Multiple13-Apr-23•••
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Ashok Leyland launches an e-Marketplace for second hand Commercial Vehicles.

Customers will be able to find vehicles of their choice thanks to the e-marketplace's features such as confirmed vehicle photos, validated documentation, and evaluation reports. Sellers can also list their vehicles for liquidation with a few easy clicks.

Multiple13-Apr-23•••
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Keshub Mahindra, former Chairman of the Mahindra Group, died at the age of 99.

Keshub Mahindra died at the age of 99, just days after re-entering the Forbes billionaire list for 2023. With a net worth of $1.2 billion, the former chairman of Mahindra & Mahindra was the oldest billionaire in India.

Multiple12-Apr-23•••
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Ayro Vanish’s low-speed EV has won the Red Dot product design award.

The Red Dot Award is a highly prominent award given to the best items in product design from across the world each year. This year's Red Dot Prize received submissions from 60 nations.

Multiple12-Apr-23•••
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MRF is the second most valuable and powerful tyre brand.

MRF is also ranked as the world's second-fastest-growing tyre brand. It received a AAA brand rating after scoring 83.2 out of 100 on brand strength.

Tyres12-Apr-23•••
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Delphi TVS Tech to invest Rs 450 crore in expansion in Commercial Vehicle Segment

The company has built common rail systems for tractors while keeping Indian conditions in mind. It is an oil-lubricated technology that allows tractors to transition from mechanical to common rail systems.

Multiple12-Apr-23•••
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CNG, and PNG prices cut by up to 10% which will benefit the transportation sector.

In an effort to ease the burden on the general public, the government announced a new pricing formula for domestically generated natural gas by state-run explorers: 10% of the monthly average import price of crude oil, with a floor of $4 per unit and a li

Multiple11-Apr-23•••
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Euler Motors launches updated HiLoad e-3w with 170km range and 13 kWh battery pack

The design enhancements also feature a 30kg weight reduction, which contributes to increased operational efficiency and performance. HiLoad also receives software enhancements such as public charging compatibility and remote immobilization.

Three Wheelers11-Apr-23•••
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Sales of buses are expected to increase in FY23.

However, demand for heavy-duty buses increased in FY23, it has yet to return to its former levels. The bus sector is still 10-15% behind pre-Covid levels.

Buses11-Apr-23•••
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Mahindra Agricultural Equipment is gradually conquering the implement market - sold 27000 Rotavators in FY'23

Mahindra farm implements such as rotavators, ploughs, backhoe loaders, and combine harvesters have assisted farmers in dealing with manpower shortages, increasing efficiency, lowering farm operating costs by 50%, and achieving high production.

Tractors10-Apr-23•••
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Mahindra will launch 40 tractor models under the new OJA brand.

The Mahindra Oja tractor series, which includes 40 models, was developed in close collaboration with the engineering teams of Mitsubishi Mahindra Agricultural Machinery in Japan and Mahindra Research Valley in Chennai, which serves as Mahindra's Auto & Fa

Tractors10-Apr-23•••
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Retail Tractor Sales Report for March 2023 Shows Increase of 3.83%

The Retail Tractor Sales Report for March 2023 reveals a positive growth trend with 3.83% growth in demand for compact tractors and farm implements.

News10-Apr-23•••
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