Mahindra & Mahindra Overtakes Tata Motors in Market Value
On Friday's intraday trade, M&M shares climbed by about 3% to a record high of Rs 2,945.
Mahindra & Mahindra Plans Expansion in Light Commercial Vehicles Segment
The company intends to introduce seven new LCVs by 2030.
Tata Motors Gears Up for Comeback in Small Commercial Vehicle Segment
The existing SCVPU portfolio, which includes names such as Ace, Intra, and Yodha, will most likely be enhanced or rebranded to comply with the new approach.
TVS SCS Inks Major Deal with Daimler Truck South East Asia
This collaboration strengthens TVS SCS's position as a provider of Integrated Supply Chain Solutions (ISCS) services in Singapore.
Tata Motors Unveils Ambitious Plans for SCV & EV Expansion
Tata Motors is making significant investments in cutting-edge technology and new product development.
Magenta Mobility and Tata Motors Expand Partnership with Deployment of 100+ Tata Ace EV Units
More than 40 units of the recently introduced Ace EV 1000 and more than 60 units of the Ace EV are included in this deployment.
Tata Motors Exploring Hydrogen-Powered Solutions for Trucks and Buses
Tata Motors believes that hydrogen powertrains have enormous potential for medium-to heavy-duty vehicles.
FADA Sales Report May 2024: CV Segment Experienced A 4% YOY Growth
According to the latest FADA Sales Report, combined CV sales reached 83,059 units in May 2024 compared to 79,807 units sold in May 2023.
Commercial Vehicle Industry Growth to Slow Down in 2025, Says ICRA
The industry saw strong growth in the first half of FY2024, but this was counterbalanced by a slower fourth quarter, which saw a 4% decrease in wholesale volumes.
Omega Seiki Mobility Plans $40 Million Funding for Electric Trucks
The funding will be used to develop two electric truck facilities across the country.
New Subsidy Scheme for Electric Trucks and Buses Likely to be Introduced
The FAME-III program may also include e-buses for nine cities with populations greater than four million.
Kalyani Powertrain, Revfin, and Bluwheelz Partner to Introduce retrofitted Electric Trucks in India
KPTL has successfully certified retrofitted electric trucks in the 10-16T GVW category for the N3 Goods Carrier segment.
Tata Motors Approves Demerger of Commercial Vehicles Business
The new subsidiary will be named "TML Commercial Vehicles Limited" or another name approved by the Ministry of Corporate Affairs, according to the company's regulatory filing.
Election Results Impact: Infrastructure and Construction Stocks Fall
BEML's shares fell 19%, Ashok Leyland, one of India's leading CV manufacturers, fell 12%, Olectra Geentech Ltd, which manufactures electric buses, was also down 9%, and Hindustan Aeronautics fell 17%.
VECV Sales Report May 2024: 4,908 units sold; sales grew by 8.42%
Overall, export sales of Eicher trucks witnessed growth in May 2024, with a total of 282 CV units sold as compared to 175 units sold in May 2023.
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