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Ashok Leyland raises FY26 R&D spending to Rs 635 crore, expanding EV technology, AI, connected vehicles, battery manufacturing, hydrogen, LNG, and sustainability initiatives for future commercial vehicle growth.
Euler Motors partners with Green Drive Mobility to deploy 500 electric cargo vehicles this fiscal year, expanding sustainable mid-mile and last-mile logistics across major Indian cities.
Sun Mobility reported 79% revenue growth, raised R&D spending to Rs 35.4 crore, reduced losses by nearly 90%, and strengthened its battery-swapping expansion strategy in FY26.
SWITCH Mobility launches EiV9 electric bus with 213 kW motor, advanced safety, premium comfort, and showcases upgraded EiV12 Intercity at Prawaas 5.0.
EKA Mobility launches 9M Electric School Bus with 180 km range, LFP battery options, fast charging, advanced safety features, and seating for 43 passengers plus driver.
EKA Mobility begins deploying 876 electric buses across eight Rajasthan cities under the PM e-Bus Sewa Scheme, boosting sustainable and accessible public transportation.
India's electric bus sales reached 710 units in June 2026, rising 97.2%. Switch Mobility led the market, while PMI Electro Mobility and Olectra Greentech secured the next positions.
June 2026 E-3W goods sales saw Mahindra retain leadership, Bajaj post 60.6% YoY growth, and Piaggio, Euler, Omega Seiki, and Dilli Electric Auto record encouraging performance.
Rajasthan CM Bhajan Lal Sharma flags off EKA electric buses. First phase of 876 e-buses under PM e-Bus Sewa to operate across eight cities in Rajasthan.
Omega Seiki Mobility will integrate Honda's e-battery-swapping ecosystem with its Rage+ electric cargo three-wheeler, aiming to reduce downtime and improve efficiency for commercial vehicle operators in India.
EKA Mobility achieves a major milestone by rolling out its 1,000th electric SCV from Pune. The company expands EV manufacturing with strong domestic and global partnerships.
UP accelerates EV buses, charging stations, and expressway projects ahead of Jewar Airport operations to improve connectivity and support industrial growth.
EKA Mobility expands EV dealership network, targets 200 outlets by FY27 to boost last-mile electric mobility support in India.
Top updates on EV trucks, smart mobility, farm schemes, wheat exports, and major commercial vehicle developments across India this week.
Top EV, commercial vehicle, MSP, solar farming, and government policy updates from India in CMV360 Weekly Wrap for 11-16 May 2026.
