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Ashok Leyland expects 8-10% Growth in the Commercial Vehicle segment this FY

Last fiscal year, Ashok Leyland sold 1,14,247 Medium and heavy commercial vehicles (M&HCV) in the domestic market, representing a 75.5% increase.

Multiple•30-Jun-23•••
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Bihar Farmer's 'Human Energy' Tractor Revolutionizes Agriculture by Operating Without Fuel or Electricity

Human Energy Tractor has a rechargeable battery with a capacity of 5000 mAh for the LED bulbs used as headlights. It also features gears 1 and 4 for easy use on the road and in the field.

Tractors•30-Jun-23•••
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Solectrac launches an electric tractor rental program.

Customers can experience the benefits of Solectrac's zero-emission tractors on a monthly basis, making it an inexpensive and accessible option to purchase.

Tractors•30-Jun-23•••
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Monarch Tractor Expands AI Research and Development Team in Singapore

Monarch Tractor is transforming the global agriculture market since its launch in 2020. Notably, the company created history by delivering the world's first electric tractor to the NZ0 farm in New Zealand, cementing its status as an industry leader.

Tractors•28-Jun-23•••
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FM Logistics believes that electric three wheelers will be the initial adopters for logistics solutions.

FM Logistics serves four industries: industrial, electronics, FMCG and automotive & auto ancillaries. The automobile industry is projected to play a big role in growing the FM Logistic business in the next years.

Three Wheelers•28-Jun-23•••
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Ashok Leyland will manufacture its forthcoming electric trucks at its Hosur LCV plant.

The Ashok Leyland Dost and Ashok Leyland Bada Dost is a popular model in the light commercial vehicle category. However, Ashok Leyland Dost and Ashok Leyland Bada Dost pickup electric models will soon be available.

Trucks•27-Jun-23•••
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Magenta Mobility, Altigreen, and Exponent Partner to Launch 15-Minute Rapid Charging EV Fleet

Magenta Mobility wants to set new standards for efficiency and convenience in last-mile logistics. The company will be able to cross-utilize its fleet by charging it in 15 minutes.

Three Wheelers•27-Jun-23•••
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BillionElectric Unveils E-Mobility Platform for Airport Buses and Trucks

The EV startup is a subsidiary of Charge+Zone, the country's top provider of electric vehicle charging infrastructure. In partnership with CHARGE+ZONE, BillionElectric will also provide charging infrastructure and support for commercial electric vehicles.

Trucks•27-Jun-23•••
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CMV360 Weekly Wrap-Up | That Mattered This Week (June 19th-June 23rd): Omega Seiki Mobility launches its first Urban Passenger electric vehicle

Check out this week's important news on the truck, three-wheeler, tractors, new launches, and much more.

Multiple•26-Jun-23•••
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Michelin launched a New 'Lighter And Longer-Lasting' Tire for Aircraft

The Michelin Air X SKY LIGHT is designed for commercial aircraft. The next tire dimensions will be determined by the priorities of airlines and aircraft manufacturers.

Tyres•26-Jun-23•••
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VECV increases uptime for trucks and buses by up to 98%.

Uptime Centre records the time it takes to service and maintain automobiles. If a vehicle's repair takes longer than expected, the Uptime Centre will consult with the mechanics.

Trucks•23-Jun-23•••
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EvoBus will be renamed Daimler Buses to emphasize brand connection.

The name change will be implemented across Europe and will apply to all national companies.

Buses•23-Jun-23•••
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Ashok Leyland collaborates with IDBI Bank to provide Channel Finance services.

Ashok Leyland and IDBI Bank have inked a Memorandum of Understanding (MoU) under which the partners would offer customized financial solutions to dealers.

Trucks•22-Jun-23•••
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Tata Motors Finance (TMF) partnered with BluSmart Mobility to expand its fleet and operations in Delhi NCR.

Tata Motors Finance (TMF) is one of India's major automotive financiers and BluSmart Mobility is India's first and leading EV ride-hailing service and EV charging superhub infrastructure operator.

Trucks•22-Jun-23•••
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Captain Tractors Pvt Ltd sets new world record

The International Book of Records carefully documented all of the procedures, and the International Book of Records granted Captain Tractors the world record honour. Captain Tractor set a world record by transforming the most compact tractor of a single m

Tractors•22-Jun-23•••
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