CMV360 Weekly Wrap-Up | 1st–6th September 2025: CV Sales Reports, EV Market Growth, New Truck & Tractor Launches, GST Reform Benefits, and Farming Industry Updates

Welcome to the CMV360 Weekly Wrap-Up for 1st to 6th September 2025 – your concise overview of the latest updates in commercial vehicles, electric mobility, and agriculture.

This week, India’s transport and farming sectors recorded notable developments. Ashok Leyland, VECV, Tata Motors, and Mahindra reported strong commercial vehicle sales for August 2025, highlighting domestic growth and rising export demand. The electric mobility segment saw Mahindra LMM and TVS Motor achieve over 10,000 EV sales each, while Euler Motors partnered with Pickkup.io to expand urban logistics with 200 electric cargo vehicles. Tata Motors also launched the all-new LPT 812 truck, offering higher payload and modern features for urban logistics.

In agriculture, Mahindra, Sonalika, Escorts Kubota, VST Tillers, and New Holland introduced new tractors, recording strong domestic and export sales. The Union Government’s GST 2025 reforms slashed taxes on tractors, farm machinery, and small vehicles, reducing costs and boosting growth prospects for farmers.

Let’s explore the top stories shaping this week.

Ashok Leyland Sales Report August 2025: Records 12,596 Domestic & Export CV Sales in August 2025

Ashok Leyland sold 12,596 commercial vehicles in August 2025, registering a 0.62% YoY growth. Domestic sales rose 0.96% to 12,057 units, with both M&HCV and LCV segments growing 1%. Exports, however, dropped 6.59% to 539 units, with both categories declining 7%. Overall growth was supported by steady LCV demand, while M&HCV remained flat. The company’s domestic strength continues to offset weaker export performance, highlighting stable growth driven by India’s expanding infrastructure and logistics sector.

VE Commercial Vehicles Records 7,167 Units Sold in August 2025

VECV sold 7,167 units in August 2025, achieving 9.5% YoY growth. Eicher sales rose 10.2% to 6,924 units, driven by 5% domestic growth and a massive 132.5% export surge to 593 units. Segment-wise, Eicher’s SCV/LMD and heavy-duty trucks posted steady gains, while exports saw record jumps across categories. Volvo sales dipped 6.5% to 243 units, but strong Eicher demand offset the decline, reinforcing VECV’s robust performance in both domestic and global markets.

Tata Motors Records 29,863 CV Sales in August 2025, Reports 10% Growth in Commercial Vehicle Segment

Tata Motors sold 29,863 commercial vehicles in August 2025, recording 10% YoY growth. Domestic sales rose 6% to 27,481 units, with steady growth across HCVs, SCVs, and passenger carriers. ILMCV trucks led with 15% growth. Exports surged 77% to 2,382 units, highlighting strong overseas demand. The company’s performance reflects balanced growth in domestic and international markets, driven by robust ILMCV demand and consistent gains across other key CV segments.

Mahindra Records 32,954 Units in Domestic CV Sales and 16% Export Growth in August 2025

Mahindra & Mahindra reported strong CV sales in August 2025 with 32,954 domestic units, up 12% YoY. LCV 2–3.5T and 3-wheeler sales rose 13% each, reaching 19,502 and 10,527 units, while the LCV <2T segment slipped 1%. Exports grew 16% to 3,548 units. The company’s growth was driven by rising demand for LCVs and electric 3-wheelers, strengthening its leadership in the domestic market and expanding its global footprint with consistent export momentum.

TVS Motor Crosses 10,000 Electric Three-Wheeler Sales in 2025, Gains 2% Market Share, and Launches New Cargo EV

TVS Motor has sold 10,044 electric three-wheelers between January and August 2025, securing a 2% market share and ranking 6th among nearly 600 players. Monthly sales peaked at 2,212 units in August, giving TVS a 3.5% share that month. The King EV Max passenger e-3W has driven this growth, while the newly launched King Kargo HD EV expands TVS into the cargo segment. With strong demand and steady growth, TVS is poised to strengthen its position in India’s e-3W market.

Mahindra LMM Leads Commercial EV Market with 10,000+ Sales in Aug 2025: Accelerating EV Adoption in India

Mahindra Last Mile Mobility (MLMM) sold over 10,000 EVs in August 2025, achieving 75% YoY growth in the L5 category and securing a 40.7% monthly and 36.9% YTD market share. The Mahindra Treo crossed 1 lakh domestic sales, with a Limited Edition launched to celebrate. Through its UDAY NXT program, MLMM offers ₹20 lakh insurance and driver welfare benefits. Backed by a diverse EV portfolio, customer-focused campaigns, and strong after-sales support, MLMM continues to lead India’s electric commercial vehicle market.

Euler Motors and Pickkup.io Partner to Deploy 200 Electric Vehicles for Urban Logistics

Euler Motors has signed an MoU with Pickkup.io to deploy 200 Storm T1500 electric cargo vehicles for intracity logistics and last-mile delivery in Delhi NCR and Chandigarh Tricity. Already, 25 vehicles are operational under this partnership. The API-integrated EVs enable real-time monitoring, ensuring efficiency and cost optimization. This collaboration marks the third phase of their partnership, expanding Pickkup.io’s delivery capacity while strengthening Euler’s electric fleet footprint, driving sustainable and zero-emission logistics in key urban regions.

Tata Motors Launches All-New LPT 812 Truck with 5-Tonne Payload in India

Tata Motors has launched the all-new LPT 812, India’s first 4-tyre truck with a 5-tonne payload, redefining the ILMCV segment. Powered by a 125hp 4SPCR diesel engine, it combines the strength of a 6-tyre truck with the agility and lower upkeep of a 4-tyre model. Features include factory-fitted AC, parabolic suspension, full air brakes, and digital Fleet Edge support. Backed by a 3-year/3 lakh km warranty and 3,200+ service touchpoints, the LPT 812 ensures higher profitability, comfort, and reliability for urban logistics.

GST Reform 2025: Big Tax Relief Makes 3-Wheelers and Small Vehicles Cheaper

The Union Government has announced GST Reform 2025, cutting GST from 28% to 18% on three-wheelers, small cars, bikes under 350cc, and goods vehicles. Announced before Diwali, PM Modi called it a festive gift for drivers, traders, and small businesses. The reform reduces ownership costs, boosts last-mile delivery, and strengthens MSMEs. With affordable mobility and festive discounts, demand is expected to rise, improving profitability for operators while supporting economic growth across India’s transport and mobility sector.

Electric 3W L5 Sales Report August 2025: Bajaj and Mahindra Lead

Passenger electric three-wheeler (E3W) sales crossed 19,600 units in August 2025, led by Mahindra LMM with 8,494 units and Bajaj Auto with 7,238 units. TVS Motor sold over 2,200 units. In the goods segment, sales touched around 1,900 units, with Bajaj, Mahindra LMM, and Omega Seiki leading. While passenger E3Ws showed steady demand, the goods segment had mixed results. Strong adoption highlights the role of E3Ws in affordable, eco-friendly urban mobility, though cargo-focused growth needs better infrastructure and incentives.

Electric Three-wheeler Sales Report August 2025: Mahindra and YC Electric Lead the Market

E-rickshaw sales fell to 13,823 units in August 2025, down from 14,438 in July and 18,781 a year ago, showing both MoM and YoY decline. Top performers included YC Electric, Saera Electric, and Dilli Electric. In contrast, e-cart sales rose strongly to 2,911 units, up from 2,047 in July and 2,060 in August 2024. Mahindra LMM and YC Electric led this growth. The trend shows weakening demand in passenger transport but rising adoption in goods delivery and logistics.

New Holland Launches 110 HP and 120 HP Powerstar Electro Command Tractors

New Holland has introduced two new Powerstar Electro Command tractors with 110 HP and 120 HP engines at the Farm Progress Show in North America. Equipped with a 16×16 semi-powershift transmission, over 5.2-tonne lifting capacity, and a 21 GPM hydraulic pump, they ensure power, efficiency, and versatility. The cab-only models feature air suspension seats for comfort, while smart telematics enhance productivity. Although not yet launched in India, these tractors could significantly benefit large-scale farmers and contract operations with advanced technology and performance.

Escorts Kubota Tractor Sales August 2025: 8,456 Tractors Sold, 27% Sales Growth Recorded

Escorts Kubota Limited reported strong tractor sales in August 2025, selling 8,456 units, up 27.1% from last year. Domestic sales rose 26.6% to 7,902 units, while exports surged 35.5% with 554 units shipped. For April–August 2025, total sales reached 46,191 units, a 5% rise, with exports growing 57.1% to 2,817 units. Backed by good monsoons, festive demand, and possible GST cuts, Escorts Kubota is well-positioned for sustained growth in both domestic and global markets.

VST Tillers & Tractors August 2025 Sales Report: 4,499 Units Sold, 1.88% Growth Recorded

VST Tillers Tractors Ltd sold 4,499 units in August 2025, up 1.88% from 4,416 units last year. Power tiller sales grew 1.94% to 4,100 units, while tractors rose 1.27% to 399 units. Year-to-date (April–August 2025), sales reached 23,925 units, a strong 37.97% growth over 17,341 units in FY25. Power tillers drove this momentum with 43.46% growth at 21,827 units, while tractor sales dipped 1.32%. The company’s focus on mechanization continues to strengthen its market performance.

Mahindra Tractor Sales August 2025: 28% Growth in Domestic Sales, 37% Rise in Exports

Mahindra & Mahindra sold 28,117 tractors in August 2025, marking 28% growth from 21,917 units last year. Domestic sales rose 28% to 26,201 units, while exports jumped 37% to 1,916 units. Year-to-date (April–August 2025), total sales reached 1,90,914 tractors, up 12% from 1,70,593 units in FY25. Strong monsoon, healthy reservoirs, and festive demand boosted performance. Mahindra continues to lead India’s tractor market while strengthening its global presence with consistent export growth and reliable farm mechanization solutions.

Tractor Industry to Grow 4–7% in FY2026, Says ICRA

India’s tractor industry is set for 4–7% growth in FY2026 after a 1% decline in FY2025, says ICRA. Strong monsoon, MSP hikes worth INR 35,000 crore, and higher farm output are boosting demand. Mahindra & Mahindra leads the market, with 31–50 HP tractors dominating sales. Pre-buying before TREM V norms, rising rural incomes, and precision farming tech will further drive momentum, while OEMs remain financially strong with low debt, stable margins, and healthy reserves.

GST Reform 2025: Tractors and Agri Machinery GST Slashed to 5%

The Union Government has reduced GST on tractors, tyres, farm machinery, irrigation systems, and bio-pesticides to 5% under the Next-Gen GST Reform. This historic cut, the steepest since GST’s 2017 rollout, will lower cultivation costs and make modern farming more affordable. PM Modi called it a festive gift for farmers and citizens, boosting MSMEs and the rural economy. The move supports Aatmanirbhar Bharat, ensuring sustainable agriculture and helping farmers prepare for the upcoming Rabi season with reduced expenses.

Sonalika Achieves Record Tractor Sales in August 2025 with 10,932 Units

Sonalika Tractors achieved record sales of 10,932 units in August 2025, marking 28% domestic growth. The brand, trusted for powerful and durable machines, is also leading in transparency by being the first to publish tractor prices, service, and spare part costs online. With a wide range from 20 HP to 120 HP, Sonalika combines innovation with a farmer-first approach, strengthening its presence in both domestic and global markets while driving growth in India’s agriculture sector.

Also Read: CMV360 Weekly Wrap-Up | 25th–30th August 2025: Tata & DIMO CV Launches, EV Financing Deals, Premium Buses, Tractor Innovations, GST 2.0 Impact, and Farming Subsidy Updates

CMV360 Says

August 2025 proved to be a strong month for India’s commercial vehicle, electric mobility, and agriculture sectors. Leading manufacturers like Ashok Leyland, Tata Motors, Mahindra, and VECV showcased steady growth, while EV makers Mahindra LMM, TVS, and Euler Motors strengthened their market presence. Tractor and farm machinery sales soared, supported by new launches from Sonalika, Mahindra, Escorts Kubota, and New Holland. Coupled with GST 2025 reforms, these developments signal improved affordability, robust growth, and sustained momentum across India’s mobility and agriculture industries.