The CV maker is in a strong financial position to back its innovation ambitions. The company ended last fiscal debt-free, with net cash of over ₹5,000 crore on its balance sheet. Ashok Leyland closed FY26 with its best-ever performance, and Q1 FY27 has continued that momentum with 10% growth. Mr. Shenu Agarwal, Managing Director and […]
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The global electric commercial vehicle market, according to MarketsandMarkets, is on a steep upward curve — set to more than double from $84.64 billion in 2026 to $197.55 billion by 2033, growing at a CAGR of 12.9%. Electric commercial vehicles have moved past the experiment stage. The industry has made its decision — and […]
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Shri Nitin Gadkari , Hon’ble Minister for Road Transport and Highways, graced the occasion and highlighted the pivotal role of private and state operators in transforming India’s bus ecosystem redBus, a leading online bus ticketing platform, felicitated winners of the redBus People’s Choice Awards at the Bharat Prawaas Awards 2026. Organised by the Bus and […]
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zingbus has signed Memorandums of Understanding (MoUs) with 50 bus operators to facilitate the deployment of more than 200 zingbus Maxx and electric buses over the next 12 months. Announced at Prawaas 5.0, India’s largest passenger transport industry gathering, the partnerships are expected to strengthen the company’s presence across key markets in South and West […]
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The opening panel discussion at the IAA Media Summit: Insights and Trends 2026 set the tone for this year’s event by highlighting a fundamental shift in the commercial vehicle industry’s decarbonisation journey. Bringing together Alexander Vlaskamp, CEO of MAN Truck & Bus, Karin Rådström, CEO of Daimler Truck, Dr. Roger Busch, Corporate EVP Sales & […]
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India’s intercity bus industry is evolving rapidly as passenger expectations move beyond affordability to encompass comfort, convenience, safety and service quality. Travellers today are looking for more than simply reaching their destination—they increasingly expect a seamless journey backed by consistent service and dependable operations. Responding to this shift, zingbus has introduced Maxx, its premium intercity […]
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MAN Truck & Bus reported an 8% year-on-year increase in global unit sales during the first half of 2026, selling around 51,000 vehicles. The total comprised approximately 32,000 trucks (+10%), around 3,300 buses (+2%) and just under 16,000 vans (+6%). The company’s engine business also recorded strong growth, rising 17% to nearly 6,000 units. While […]
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JBM Electric Vehicles (JBM EV), a global leader in e-mobility and EV Ecosystem Solutions launched the next generation ‘GALAXY’ electric luxury coach at Prawaas 5.0 yesterday. The vehicle was launched by Shri Nitin Gadkari, Hon’ble Union Minister of Transport & Highways in the august presence of Shri Nishant Arya, Chairman, JBM Electric Vehicles. JBM EV […]
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EKA Mobility unveiled its new EKA 9M Electric School Bus at Prawaas 5.0 in Gandhinagar. Developed specifically for school transportation, the EKA 9M Electric School Bus is built on EKA’s lightweight monocoque platform and features a high-strength steel structure, delivering enhanced safety, ride comfort and operational efficiency. The bus accommodates up to 43 passengers plus the driver […]
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Volvo Buses India, a business unit of VE Commercial Vehicles (VECV), showcased the Volvo 9600 Seater-Sleeper at PRAWAAS 5.0 in Gandhinagar, Gujarat, further strengthening its premium coach portfolio in India. Combining the advantages of seating and sleeper travel on a single platform, the new coach is engineered for both short- and long-distance operations. It enables […]
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