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Updated On: 28-Jun-2025 04:11 AM
Key updates from EV launches, mini-trucks, agri tech, market expansion, and sustainability efforts across the transport and farming sectors.
Welcome to the CMV360 Weekly Wrap-Up for 22nd to 28th June 2025 – your one-stop source for the biggest updates from India’s commercial vehicle, electric mobility, and agriculture sectors.
This week saw multiple key developments shaping the industry. Montra Electric launched its SUPER CARGO electric three-wheeler in Delhi with fast-charging tech, while Tata Motors introduced the all-new Ace Pro – India’s most affordable mini-truck. TI Clean Mobility revealed ambitious EV plans targeting $1 billion turnover, and NueGo expanded its electric bus network with India’s longest e-route from Delhi to Lucknow.
In commercial vehicle updates, Mahindra launched the Bolero MaXX Pik-Up HD 1.9 CNG, and Daimler India partnered with Gainwell Trucking to strengthen its BharatBenz mining truck sales. Tata Motors also announced it will complete its commercial-passenger vehicle demerger by end-2025.
The agricultural and mobility tech space was equally exciting. A revolutionary sowing machine developed by CIAE Bhopal promises huge savings for farmers, while the global 4WD tractor market is set to hit $24.19 billion by 2029. Meanwhile, Bengaluru’s Exponent Energy earned global recognition for its EV charging innovation, and Force Motors launched a massive digital transformation initiative with Zoho.
Let’s dive into all these developments shaping the future of mobility, farming, and clean technology in India.
Montra Electric Launches SUPER CARGO Electric Three-Wheeler in Delhi for Last-Mile Deliveries
Montra Electric launched the SUPER CARGO electric three-wheeler in Delhi at ₹4.37 lakh (post-subsidy), aimed at last-mile cargo delivery. It offers a 170 km range, 15-minute fast charging (via Exponent Energy), and runs on a 13.8 kWh battery with 11 kW power and 70 Nm torque. Available in three variants and four colours, it includes features like hill-hold, regenerative braking, and reverse assist. Over 200 bookings were secured at launch. It’s now available in 90+ cities with a 5-year battery warranty.
Tata Motors Launches Ace Pro: India’s Most Affordable Mini-Truck
Tata Motors launched the Ace Pro mini-truck at ₹3.99 lakh, making it the most affordable in its class. Available in petrol, bi-fuel (CNG + petrol), and EV variants, it offers a 750 kg payload. The EV version delivers a 155 km range with IP67-rated components. Key features include reverse assist, digital display, and Fleet Edge connectivity. It’s backed by easy financing, 2,500+ service centers, and a wide dealer network, aiming to support small businesses and last-mile delivery across India.
TI Clean Mobility Targets $1 Billion Turnover by FY30, Expands EV Line-up
TI Clean Mobility aims for a USD 1 billion turnover by FY30, backed by a ₹3,000 crore investment. It launched the SUPER CARGO electric 3-wheeler at ₹4.37 lakh and plans to introduce EV tractors, tippers, ambulances, and e-rickshaws. With 4 EV plants and a presence in 101 markets (targeting 150 by FY26), the company has sold over 10,000 three-wheelers. Future revenue targets include 50% from HCVs, 20% each from SCVs and 3-wheelers, and 10% from tractors.
NueGo launched its longest electric bus route from Delhi to Lucknow and added new routes in cities like Amritsar, Madurai, and Guntur. Its fleet now includes 300+ e-buses operating in 100+ cities with up to 500 km range via fast charging. Each bus features CCTV, GPS, 80 km/h speed limit, and safety measures for women. NueGo also introduced India's first electric sleeper buses, aiming for zero-emission intercity travel through GreenCell Mobility’s sustainable transport mission.
Ashok Leyland Eyes 30% M&HCV Market Share in North India by 2028
Ashok Leyland aims for a 30% M&HCV market share in North India by 2028, up from its current 26%. North India contributes 32% of total industry volume. To support growth, over 50 new dealerships and service outlets will open this year. The company’s regional market share rose 6.5% in three years. Backed by strong Q4 profit of ₹1,246 crore and ₹4,242 crore net cash in FY25, Ashok Leyland is set for aggressive expansion in this high-demand region.
Tata Motors to Complete Demerger by End of 2025
Tata Motors will split its Commercial and Passenger Vehicle businesses into two separate listed firms by end-2025. The accounting split begins July 1, followed by the operational split from October 1. Shareholder approval is complete, pending regulatory clearances. Existing shares will become PV shares, while the CV unit will be renamed and listed separately. The move aims to create focused growth paths and boost performance for each segment. Completion is expected by November–December 2025.
Daimler India Partners with Gainwell Trucking for BharatBenz Mining Trucks
Daimler India partnered with Gainwell Trucking to boost BharatBenz mining truck sales and service, focusing on the 3532CM model for coal, iron ore, and limestone transport. Gainwell will manage sales and after-sales across key mining states like MP, Gujarat, and the Northeast. Services include on-site repair, express service, and spare parts support. This collaboration supports DICV’s plan to expand in mining and infrastructure, offering high-performance trucks and better uptime for heavy-duty operations in India’s critical mining zones.
Mahindra Launches Bolero MaXX Pik-Up HD 1.9 CNG for ₹11.19 Lakh
Mahindra launched the Bolero MaXX Pik-Up HD 1.9 CNG at ₹11.19 lakh, featuring a 2.5-litre engine with 61 kW power and 220 Nm torque. It offers a 1.85-tonne payload and a 180-litre CNG tank delivering up to 400 km range. Designed for urban and semi-urban transport, it includes iMAXX telematics, AC, power steering, and D+2 seating. With a 3,050 mm cargo bed, it's a cost-efficient choice for transporters needing performance, comfort, and advanced fleet management.
Exponent Energy Featured in World Economic Forum’s 2025 Technology Pioneers List
Bengaluru-based Exponent Energy made it to the World Economic Forum’s 2025 Technology Pioneers list for its 15-minute EV charging tech. The system supports over 2,000 EVs in major Indian cities and ensures 3,000 charging cycles using standard lithium-ion cells. Backed by $44.6 million in funding from top investors including Hero MotoCorp’s family office, Exponent leads India’s fast-charging innovation. It joins nine other Indian startups recognized globally for breakthroughs in clean energy, space, robotics, and urban mobility.
Force Motors Partners with Zoho for Digital Transformation
Force Motors launched Project DigiForce to modernize its tech infrastructure, partnering with Zoho to implement CRM, DMS, and 12 AI tools. Over 200 dealerships and 100+ service and parts centers in India and abroad will benefit. The goal is to boost speed, service quality, and data-driven decisions. The initiative aims to empower dealers, improve customer experience, and streamline operations across 25+ global markets. This marks a major step in Force Motors’ push toward digital transformation and global competitiveness.
Global 4WD Tractor Market to Reach $24.19 Billion by 2029, Driven by Smart Farming Growth
The global 4WD tractor market is projected to grow from $18.47 billion in 2024 to $24.19 billion by 2029, at a CAGR of 5.7%. Growth is driven by demand for smart, electric, and custom tractors, AI, GPS, and precision farming. 4WD tractors offer better traction, power, and reliability, boosting productivity. Trends like AR tools, autonomous features, and advanced hydraulics are shaping the future of farming. Rising global food needs and sustainable practices further support market expansion.
Scientists Develop Advanced Sowing Machine to Make Farming Easier and More Profitable
CIAE Bhopal has developed a new sowing machine that combines bed making, mulching, drip laying, and planting in one step. Named the Tractor Driven Plastic Mulch Layer-cum-Planter, it saves 89% labour and 43% sowing costs per hectare. Ideal for crops like corn, peas, okra, and beans, it boosts efficiency and precision. Priced around ₹3 lakh, it works at 0.2 hectares/hour. Agriculture Minister Shivraj Singh Chauhan praised it as a revolutionary tool for modern and profitable farming.
This week showcased significant strides in electric mobility, commercial transport, and agricultural innovation. From affordable mini-trucks and high-tech EVs to cutting-edge farming machinery and strategic industry partnerships, every update reflects India’s push toward smarter, greener, and more efficient solutions. As the sectors continue to transform rapidly, CMV360 will keep bringing you the latest developments that power businesses, support farmers, and accelerate sustainable growth across the country.