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Updated On: 02-Nov-2025 05:53 AM
This week’s CMV360 Wrap-Up covers Greaves EV financing, Delhi’s pollution ban, Montra’s new CEO, and strong festive sales from Mahindra, Tata Motors, VECV, and Escorts Kubota.
Welcome to this week’s CMV360 Weekly Wrap-Up (27th Oct – 4th Nov 2025), where we bring you the latest updates from India’s automobile and mobility sector. The week saw major developments across electric mobility, clean transportation policies, and strong sales performances by leading automakers. From Greaves Electric Mobility’s new EV financing partnership to Delhi’s pollution control measures and festive-season sales growth for Mahindra, Tata Motors, VECV, and Escorts Kubota, the Indian mobility landscape continues to move towards a cleaner and stronger future.
Greaves Electric Mobility Ltd. (GEML) partnered with Perpetuity Capital on October 27, 2025, to offer affordable EV financing. Customers can avail loans up to 90% of the vehicle cost at 9.99% for two-wheelers and 11% for three-wheelers. Available across 400 dealers, the scheme covers all Ampere scooters and Greaves EVs, promoting accessible and sustainable mobility in India.
Starting November 1, 2025, Delhi will ban the entry of non-BS-VI commercial goods vehicles registered outside the city to curb pollution. BS-IV vehicles can enter until October 31, 2026. Exemptions include Delhi-registered, BS-VI, CNG, LNG, and electric vehicles. GRAP restrictions will continue, and Delhi plans its first cloud seeding trial to combat rising air pollution.
Montra Electric Appoints Deependra Sharma as CEO of Electric Three-Wheeler Division
Montra Electric has appointed Deependra Sharma as CEO of its electric three-wheeler division. With over 30 years of experience at Mahindra Group and Tata Motors, Sharma will focus on innovation, trust, and expansion. His leadership aims to strengthen Montra’s presence in India’s e-3W market, driving sustainable, reliable, and customer-focused mobility solutions for the future.
Mahindra & Mahindra sold 44,503 domestic commercial vehicles in October 2025, marking 18% YoY growth. Three-wheeler sales rose 30%, LCVs under 2T grew 16%, and exports increased 15% to 4,015 units. The Bolero Maxx range led LCV success, showcasing Mahindra’s strong market presence, innovation focus, and expanding leadership in India’s commercial and electric mobility sectors.
Volvo Eicher Commercial Vehicles (VECV) sold 6,881 units in October 2025, marking 11.1% YoY growth. Eicher CV sales rose 10.12% to 6,602 units, with domestic sales up 5.88% and exports surging 122.5%. Volvo Trucks recorded 38.8% growth with 279 units. Strong exports and LMD truck demand drove VECV’s steady growth in domestic and global markets.
Tata Motors Reports 37,530 CV Sales in October 2025: 10% Growth in Overall Commercial Vehicle Sales
Tata Motors sold 37,530 commercial vehicles in October 2025, up 10% YoY. Domestic sales rose 7% to 35,108 units, while exports surged 56% to 2,422 units. The Passenger Carrier segment led growth at 12%, followed by strong performance in HCV, SCV, and ILMCV categories, reinforcing Tata Motors’ leadership in India’s commercial vehicle market.
Mahindra Tractors Sales Report October 2025: 72,071 Units Sold, 12% Growth
Mahindra & Mahindra sold 73,660 tractors in October 2025, achieving 13% overall growth. Domestic sales rose 12% to 72,071 units, while exports surged 41% to 1,589 units. Year-to-date sales (Apr–Oct 2025) climbed 18% to 3,30,685 units. Strong festive demand, good monsoon, and improved rural sentiment continue to drive Mahindra’s leadership in the tractor market.
Escorts Kubota Tractor Sales Report October 2025: 18,798 Units Sold, 3.8% Sales Growth Recorded
Escorts Kubota sold 18,798 tractors in October 2025, achieving 3.8% YoY growth and its highest-ever monthly sales. Domestic sales rose 3.3% to 18,423 units, while exports surged 38.4% to 375 units. From April–October 2025, total sales reached 83,256 units, up 11.8% YoY, reflecting strong festive demand, government support, and growing global presence.
VST Tillers & Tractors sold 4,664 units in October 2025, marking 89.36% YoY growth. Power tiller sales surged 128.66% to 4,077 units, while tractor sales fell 13.68% to 587 units. Year-to-date (Apr–Oct) sales reached 32,069 units, up 43.25%, reaffirming VST’s strong leadership in small farm mechanization and rising demand for affordable agri-equipment.
This week highlighted India’s steady progress toward sustainable and customer-friendly mobility. With government-backed emission policies, expanding EV financing options, and robust sales during the festive period, both electric and traditional vehicle segments showed encouraging growth. As the auto industry gears up for the year-end, these positive trends signal continued momentum for innovation, cleaner technologies, and stronger market confidence across the Indian mobility ecosystem.