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CMV360 Weekly Wrap-Up | That Mattered This Week (April 30th-May 06th): Mahindra LMM becomes the No. 1 Electric 3-Wheeler Manufacturer

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

Multiple06-May-23•••
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Mahindra LMM becomes the No. 1 Electric 3-Wheeler Manufacturer in FY23.

Mahindra is a pioneer in electrifying last-mile mobility. Electric 3-wheelers are one of the country's primary contributions to vehicle electrification due to their unparalleled Total Cost of Ownership, excellent savings, and noiseless and pollution-free

Three Wheelers01-May-23•••
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In April 2023, Electric 3-Wheelers Have A Growth Of 73% Year on Year to over 37,500 Units

Two- and three-wheeled EVs, the most affordable vehicles in the zero-emission market, account for 60% and 34% of the total 109,283 EVs sold in April 2023, respectively.

Multiple01-May-23•••
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Godawari Electric Motors opens a new showroom in New Delhi.

The showroom will include the freshly released e-auto (L5M) Eblu Rozee as well as the e-bicycle line Eblu Spin.

Three Wheelers27-Apr-23•••
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ETO Motors debuts 45 electric three-wheelers at New Delhi's Kalkaji Metro Station.

ETO has also established a charging network at the Kalkaji metro station using ETO's EV charging technology - Thunderbox, which can charge up to 30 vehicles at the same time. DMRC issued 663 e-auto licenses in women’s quotas and worked with ETO Motors to

Three Wheelers27-Apr-23•••
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GreenCell Mobility would invest Rs. 1,500 crores to increase the supply of electric buses in India.

Electric buses are not only pollution free, but they are also less expensive to operate. GreenCell Mobility now operates 800 e-buses. GreenCell Mobility has secured contracts for around 1500 electric buses in 25 sites across India.

Buses26-Apr-23•••
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Uk Firm Unveils 40-Tonne Hydrogen Electric Truck With 600km Range

The HVS vehicle powertrain uses a fuel cell system and an energy storage system to deploy electricity to an electric motor, which then transmits power to the wheels. It employs the KERS (Kinetic Energy Recovery System) to recover energy while braking and

Trucks19-Apr-23•••
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Bangor Tractor & Equipment now sells all-electric tractors.

Electric tractors are quieter and require less maintenance. It can be plugged into any ordinary 120v household socket.

Tractors15-Apr-23•••
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Etrio collaborates with Kosher Climate to develop a carbon credit system for electric three-wheelers.

This collaboration will help enterprises in reducing greenhouse gas emissions and use tradable carbon credits to attain the net zero target.

Three Wheelers10-Apr-23•••
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Bajaj will make its debut in the electric 3-wheeler category for both cargo and passenger vehicles.

The commercial and passenger electric three-wheeler vehicles will go on sale in April. There will be a limited supply because the brand wants to take it gradually because providing a stable product to commercial users is important.

Three Wheelers04-Apr-23•••
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Ford intends to produce 500,000 electric trucks each year.

Ford's Project T3 pickup is being built on a revolutionary Electric vehicle architecture. Ford's Project T3 next-generation F-series electric pickup will be produced in a variety of configurations at BlueOval City.

Trucks29-Mar-23•••
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Helixx's modular idea aims to disrupt the electric commercial vehicle industry in India.

The automobiles will be built locally in approved Helixx Mobility Hubs and will be available on a business-to-business fleet subscription basis for commercial users.

Multiple28-Mar-23•••
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Gentari signed an agreement with Tata Motors to produce 5,000 electric commercial vehicles.

The agreement calls for the supply of 1,000 units in the first year for deployment in cities such as Delhi, Bangalore, Hyderabad, Pune, and Kolkata.

Multiple28-Mar-23•••
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Altigreen Electric Three-Wheeler Brand Opens Dealerships in Gurugram, Mumbai and Jaipur

The 10-year-old Bengaluru-based start-up plans to raise monthly manufacturing from 650 to 1,000 units. The Altigreen dealership will host the country's most advanced electric cargo trucks.

Three Wheelers27-Mar-23•••
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Electric three-wheeler adoption will reach 14-16% by FY2025

The electric category is expected to account for 14-16% of new three-wheeler sales (excluding rickshaws) by FY25, up from 8% today. Penetration is expected to increase to 35-40% by FY30 as the product obtains acceptability and finance issues are resolved.

Three Wheelers27-Mar-23•••
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