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Ashok Leyland expands EV ambitions with new battery pack manufacturing facility in Tamil Nadu

Ashok Leyland, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has broken ground on a greenfield battery pack manufacturing facility at Pillaipakkam near Chennai, marking a major step in strengthening the country’s electric mobility ecosystem. The project will involve an investment of approximately ₹400–500 crore and forms part […]

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VECV appoints B. Srinivas as MD & CEO; Vinod Aggarwal named Chairman  

VE Commercial Vehicles Ltd. (VECV) has announced the appointment of B Srinivas as the new Managing Director & CEO, effective 1st April, 2026. B Srinivas has spent more than three decades at Eicher, managing diverse responsibilities across various business lines, and in strategy, sales, marketing and operations. Since 2024, Srinivas has served as the Chief Operating Officer of VECV. […]

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Ultraviolette Launches BaaS ‘Battery Flex’ in partnership with Ecofy

Following the resounding success of the X-47 launch, Ultraviolette, India’s pioneering innovation-driven mobility manufacturer, has launched ‘Battery Flex’ (BaaS). This initiative marks the beginning of a transformative chapter, introducing a unique ownership model that redefines accessibility and affordability for customers across the nation. In partnership with Ecofy, India’s green-only NBFC focused on accelerating climate-positive adoption […]

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Truck Rentals Hold Steady in February as CV and EV Segments Show Strong Year-on-Year Growth

India’s mobility and logistics sector witnessed relatively stable trucking activity in February, with truck rentals across major trunk routes remaining largely rangebound month-on-month, according to the latest industry data. Despite the stable month-on-month trend, several key routes recorded notable year-on-year growth. The Delhi–Mumbai–Delhi corridor led the growth with an 8% increase in truck rentals, followed […]

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Axis Bank Partners Tesla to Offer Tailored EV Financing in India

As electric mobility gathers pace in India, the ecosystem supporting EV adoption is expanding beyond vehicle technology and charging infrastructure to include innovative financing solutions. In line with this shift, Axis Bank has announced that it will become a preferred financer for Tesla, offering customised financing options designed specifically for customers purchasing Tesla vehicles in […]

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Raptee.HV Brings Car-Grade Charging to Electric Motorcycles with T30 Deliveries

Raptee.HV has commenced large-scale customer deliveries of its high-voltage electric motorcycle, the T30, marking the transition from deep-tech R&D to full commercial deployment. Developed over seven years at the company’s Chennai facility, the motorcycle introduces car-grade high-voltage architecture, CCS2 fast-charging compatibility, and a structured service ecosystem aimed at redefining electric two-wheeler ownership. Chennai is the […]

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