The Volvo Group, Daimler Truck, and Toyota Motor Corporation have signed a binding agreement for Toyota to become an equal partner and shareholder in cellcentric, the fuel cell systems developer jointly owned by Volvo and Daimler Truck. Upon completion, each of the three companies will hold a one-third stake in cellcentric. The transaction is expected […]
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Mercedes-Benz has launched the AMG E 53 Hybrid 4MATIC+ in India, introducing the brand’s first electrified AMG E-Class model to Indian customers. Priced at ₹1.45 crore for the Performance Edition and ₹1.48 crore for the Racing Edition, both ex-showroom, the car is available for booking across all Mercedes-Benz dealerships in India with deliveries commencing immediately. […]
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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 company’s advisory-led approach helps organisations identify risks early and build strong frameworks to manage them with confidence and clarity. The automotive industry is changing faster than ever before. Vehicles are no longer just mechanical machines. They are becoming connected, digital platforms powered by software, electronics and data. With this transformation, new opportunities are emerging—but […]
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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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JSW MG Motor India’s luxury brand channel, MG SELECT, has partnered with internationally acclaimed fashion designer Gaurav Gupta to unveil exclusive couture editions of the MG M9 luxury MPV and MG Cyberster electric sports car. The special editions were showcased during the launch of Gupta’s latest couture collection, Light Song, at the Jio World Convention […]
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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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India’s electric vehicle penetration, currently at around 8.5%, is set to rise to 30% by 2030 — and component manufacturers who move early stand to benefit the most. That was the central message at ASSOCHAM Northern Region’s EV Ancillaries and Auto Components Conclave 2026, held in Gurugram, where government officials and industry leaders called on […]
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