Mahindra & Mahindra Reports Decline in Net Profit for Q1 FY2025
Commercial vehicle sales grew by just 2% to 62,522 units, partly due to disruptions from the general election.
Daimler India Partners with Bajaj Finance for Enhanced Financing Solutions
Bajaj Finance will provide personalized solutions to customers ranging from single truck owners to fleet operators.
Government Extends EMPS Subsidy for Electric Vehicles Until September 2024
The scheme covers eligible EV categories such as electric two-wheelers and three-wheelers, including registered e-rickshaws, e-carts, and L5 category vehicles.
GLIDA Inaugurates Largest EV Charging Hub in Hyderabad
The hub has a 200KW Ultrafast charger with six satellite dispensers, 28 60KW CCS2 dual gun DC charges, and 8 30KW CCS2 dual gun DC chargers.
Ashok Leyland Aims to Boost Market Share in South India
The company recently announced plans to build a new facility in Lucknow with an investment of over Rs 1,000 crore.
Mahindra Inaugurates Five New Dealerships Across Four States
Mahindra’s truck range, including BLAZO X, FURIO, OPTIMO, and JAYO, is the only CV truck range in India offering double service guarantees with top-notch fuel efficiency.
Hyundai Partners with CHARGE ZONE to Boost EV Charging Infrastructure in India
HMIL now operates 34 EV fast charging stations across the country.
IIT Delhi Unveils New Hybrid Electric Vehicle Design Program
The program is designed to equip engineers with skills in various aspects of HEV development.
Ashok Leyland Reports 9% Decline in Q1 Net Profit
The company's domestic MHCV volume increased by 8% year on year, and its market share was 30.7%.
Mahindra Truck & Bus Aims to Surpass FY19 Performance by FY27
Mahindra recently entered the high-volume 28 and 35-tonne tipper segments with the M-Dura.
Mercedes-Benz Special Trucks and Mörtlbauer Present Hydrogen-Powered Prototypes
Over the past three years, Mercedes-Benz Special Trucks and Mörtlbauer, along with 16 other consortium partners, have collaborated to develop these hydrogen combustion engines.
Budget 2024: No Major Boost for the Electric Vehicle Industry
The FAME scheme allocation for FY25 remains unchanged at Rs 2,700 crore, the same as the Interim budget announcement.
Ashok Leyland Launches Circuit 1 ‘M&HCV Expo’
The aim of this initiative is to highlight Ashok Leyland's cutting-edge Medium and Heavy Commercial Vehicles (M&HCV) at important places around the country.
Switch IeV3 CV Deliveries Begin, Marking a New Era in Commercial EVs
The Switch IeV3 was rolled off the assembly line in Hosur this month and is currently available at 30 dealerships in India.
NITI Aayog Launches NITI GearShift Challenge for Zero-Emission Trucks
Students, scholars, researchers, and transportation service practitioners are invited to participate in the NITI GearShift Challenge.
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