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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Billion Electric Mobility has announced a partnership with JK Cement to deploy more than 150 heavy-duty electric trucks during the current financial year, marking one of the largest deployments of electric trucks for cement logistics in the region. The partnership commenced with the flagging off of the first fleet of 20 heavy-duty electric trucks with […]
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Volvo Trucks will use IAA Transportation 2026 to showcase its latest milestones while highlighting the future of sustainable and efficient road transport. The company will present new and enhanced trucks, drivelines and services designed to create greater value for customers, improve operational efficiency and strengthen business performance, reinforcing Volvo’s position as a trusted partner for […]
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Montra Electric has inaugurated its first electric small commercial vehicle dealership in West Bengal, partnering with Next Drive Mobility to open a sales, service, and spare parts facility in Howrah, Kolkata. The launch formally introduces the EVIATOR e-SCV to the region’s last-mile delivery ecosystem. The timing is deliberate. West Bengal’s commercial fleet continues to run […]
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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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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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