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Euler Motors secures ₹437.5 crore Series E funding to expand EV manufacturing, grow network, and strengthen market position in India’s fast-growing commercial electric vehicle segment.
EKA Mobility will deploy 310 electric buses in three Indian states, aiming to cut 140,000 tonnes of CO2 emissions. JBM Auto leads with 5,000 orders, while Tata Motors and PMI hold significant order books. Pinnacle Industries targets INR 750 crore revenue.
Maharashtra will convert its entire 22,000-vehicle MSRTC bus fleet to electric by 2037, ending new diesel purchases. The state leads India in committing to full public bus electrification, though implementation faces delays.
India's electric bus initiative faces challenges in implementation, including air quality concerns and manufacturing needs. SIAT Expo 2024 highlighted five transformation steps to improve electric bus adoption and passenger safety.
iGO Wise Mobility and Daiots Arc Private Limited will deploy 1,000 BeiGo X4 electric trikes for temperature-sensitive urban deliveries in India, starting with 100 vehicles and expanding across key city corridors.
CMV360 Weekly Wrap-Up (2-7 March 2026) covers strong commercial vehicle sales, rising electric bus and three-wheeler adoption, robust tractor demand, new product launches, mobility partnerships, and mandi price trends impacting India’s agriculture sector.
Keto Motors receives CMVR Type Approval for its Urbanova KE9 electric bus. The certification enables commercial deployment across India, supporting public transport fleets transitioning toward cleaner and more efficient mobility solutions.
India electric three-wheeler sales report February 2026 shows Zeniak Innovation leading e-rickshaws and J.S. Auto topping e-carts, highlighting strong growth in passenger and cargo electric mobility segments.
India’s electric passenger three-wheeler (E-3W L5) sales grew in February 2026. Bajaj Auto led registrations, followed by Mahindra Last Mile Mobility and TVS Motor, highlighting steady EV adoption in the last-mile mobility segment.
India’s electric bus sales reached 578 units in February 2026, rising 48% from January. Switch Mobility led with 48.4% market share, followed by JBM Electric and PMI Electro Mobility.
GreenCell Mobility deploys 75 electric buses in Puducherry to boost zero-emission public transport, improve connectivity, and strengthen sustainable urban mobility infrastructure.
Chhattisgarh Budget 2026 allocates ₹10,000 crore for farmers, continues ₹3,100 paddy procurement, provides free electricity, and promotes pulses, oilseeds, dairy, and fisheries for rural growth.
CMV360 Weekly Wrap-Up | 16–20 Feb 2026 covers electric bus rollouts, tractor export updates, AI farming initiatives, state budgets, and key government schemes shaping India’s mobility and agriculture sectors.
JSW Greentech receives CMVR Type Approval from ARAI for its 12M 51+D AC SDX electric bus, clearing the way for commercial rollout in India’s growing EV bus market.
ZF India secures a major deal to supply AxTrax 2 LF low-floor electric axles for city buses from 2026, supporting domestic and export markets with advanced zero-emission technology.
