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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Montra’s e-MHCV and e-SCV businesses ink separate MoUs as part of the Government’s initiative to accelerate adoption of electric commercial vehicles to improve air quality in Delhi-NCR Montra Electric has signed two Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) under the Government of India’s Scheme for support to the National Capital Region […]
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India’s commercial vehicle and three-wheeler segments both had a strong June 2026, with total registrations hitting record highs across both categories. Freight demand, e-commerce growth, and the continued expansion of last-mile mobility drove volumes upward, while the accelerating shift toward electric vehicles added a new dimension to the competitive landscape. Established leaders held their ground, […]
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Record financial performance, stronger market leadership, digital transformation and the proposed IVECO acquisition position the company for sustained long-term growth The financial year 2025-26 marked a defining chapter in Tata Motors’ journey. Following the successful demerger and listing of its Commercial Vehicles business as an independent entity, the company entered a new phase with sharper […]
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Eicher Trucks & Buses, a business unit of VE Commercial Vehicles (VECV), has signed a Memorandum of Understanding (MoU) with the Ministry of Road Transport and Highways (MoRTH), Government of India, under the Scheme for Support to NCRPB for Replacement of Old Trucks and Buses in the Delhi-NCR area. The partnership aims to accelerate the replacement […]
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CJ Darcl Logistics, one of India’s largest B2B road freight operators, has signed a memorandum of understanding with National Highways for Electric Vehicles to explore and deploy heavy electric vehicle freight operations on the country’s upcoming e-highways. The partnership, signed under the government’s Ease of Doing Business programme, is aimed at building a commercially viable […]
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Force Motors Ltd., India’s largest van manufacturer, has signed a Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH), Government of India, to participate in the Commercial Vehicle Replacement Scheme for the Delhi-NCR region. The scheme aims to accelerate the replacement of BS IV and older trucks and buses operating in […]
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Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles — the highest since inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative deliveries stood at 3,998 units as of March 31, 2026, […]
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Electric trucks operating with two-driver teams stand to benefit significantly from charging capacities exceeding one megawatt. Even in situations where overnight charging is not possible, ultra-fast charging can substantially reduce vehicle downtime and improve operational efficiency. MAN Truck & Bus, together with its partners in the NEFTON 3000 funded project, has achieved a major technological […]
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Tata Motors has announced orders for over 3,400 electric commercial vehicles across segments, marking a significant milestone in the mainstream adoption of electric mobility for both freight and passenger transport in India. The orders comprise approximately 2,000 small commercial vehicles and pick-ups, 900 trucks, and 500 buses, spanning applications as diverse as e-commerce, logistics, FMCG […]
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