Counterparty risk, charging infra key hurdles; policy measures supportiveThe share of electric buses (e-buses) in new bus sales in India is set to double to ~8% next fiscal from ~4%1 last fiscal, driven by two factors. The first is the central government’s focus on decarbonising the public transport sector. Efforts are underway to deploy e-buses […]
Three new dealerships opened at Raipur, Pune and Bangalore SML Isuzu, a joint venture between home-grown brand Swaraj Mazda and Isuzu of Japan, and a strong player in the truck & bus space, is on a dealership network expansion spree. The company, which celebrated its 40th anniversary in 2023, has inaugurated three new dealerships, at […]
The vehicle retail data for Dec’23 and CY’23 released by the Federation of Automobile Dealers Associations (FADA) indicates that December 2023 witnessed a 21% YoY growth in auto retail. All categories reported positive growth: 2W by 28%, 3W by 36%, PV by 3%, Tractors (Trac) by 0.2%, and Commercial Vehicles (CV) by 1.3%. CY’23 Auto […]
Tata Motors, India’s leading multinational automobile manufacturer, today along with its authorised distributor, Tata Africa Holdings Limited, announced the commercial launch of its successful range of multipurpose heavy-duty trucks – Ultra T.9 and Ultra T.14, in South Africa. Designed to fulfil the rising need for safer, smarter and greener cargo mobility, the Ultra is perfectly […]
Daimler India Commercial Vehicles (DICV) has recently concluded the BharatBenz National Skills Contest 2023, an initiative that has evolved to become a pivotal force in upskilling the workforce, driving operational efficiency, and positioning the CV brand at the forefront of technological advancement. In this interview by N. Balasubramanian, Sreeram Venkateswaran, President & Chief Business Officer, […]
Friedrichshafen, Oragadam (India). ZF’s Commercial Vehicle Solutions (CVS) division is leveraging global growth opportunities brought by increasing trends towards decarbonizing commercial vehicles. On 14 February, the division will open a plant in Oragadam, India (Tamil Nadu Province), where electric components will also be produced for the Indian and Asian markets. A week earlier, ZF’s US […]
The All-India Omni Bus Owners Association (AIOBOA) organized a three-day ‘Passenger Vehicle Expo’, at the Chennai Trade Center in Chennai from 14th to 16th December 2023. The event was inaugurated by Venkatesh Balasubramanian, Professor and faculty head of the Centre of Excellence in Road Safety (CoERS) at IIT Madras, who lit the traditional lamp. During […]
Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bandhan Bank, one of India’s fastest-growing private sector banks, to offer convenient financing solutions to its commercial vehicle customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle portfolio and customers will benefit from the bank’s […]
Company all set to enter next phase of growth with new R&D Centre and second production facility in India In the ever-evolving landscape of automotive lighting, DH Lighting India has emerged not just as an industry player but as a trailblazer, navigating through the twists and turns with unparalleled resilience and strategic foresight. Motorindia’s N. […]
Automechanika Dubai, the largest international trade show for the automotive aftermarket industry in the MEA region, celebrated its 20th-anniversary edition with unprecedented success, cementing its position as a global hub for professionals in the sector. In its 20th edition, Automechanika Dubai expanded its reach, occupying 14 halls and hosting an impressive 1,938 exhibitors representing 61 […]
Mahindra’s Construction Equipment Division (MCE), a part of the Mahindra Group, today inked a Memorandum of Understanding (MoU) as a strategic partnership with Bank of Maharashtra to offer tailored financing solutions for its construction equipment division. The MoU was signed by Mr. Jalaj Gupta, Business Head, Commercial Vehicles, Mahindra & Mahindra and Mr. Rajesh Singh, […]
Accelerating into the heart of Southeast Asia’s two-wheeled vehicle industry next year, the inaugural fair is scheduled to run from 30 April – 4 May at Jakarta International Expo (JIExpo). A key pillar of its success will be the fusion of global, regional, and local networks, courtesy of a strategic alliance between Messe Frankfurt (HK) […]
MG Motor India celebrates its centenary year by focusing on delighting car buyers and introducing Wow prices for its 2024 range of models. The company has introduced a new trim of the MG ZS EV along with Wow prices for the MG Comet EV, MG Hector, and MG Gloster. Taking a significant step towards fostering electric mobility, the ZS EV […]
The decarbonization by the company’s LNG truck fleet is equivalent to the work done by 100,000 trees Blue Energy Motors celebrated the International Day of Clean Energy on January 26 by highlighting a significant milestone as its fleet of trucks has successfully prevented over 2500 tonne of CO2 emissions since its inception. This amounts to […]
Toyota Kirloskar Motor (TKM) displayed its exciting range of advanced green technology product line-up, and its localization initiatives at the Bharat Mobility Global Expo 2024. The display at the pavilion is centred around the theme ‘Grow India – Grow with India’, underscoring the company’s commitment to key national priorities of , ‘Atma Nirbhar Bharat’, ‘Energy […]