€3.82 Billion All-Cash Tender Offer Launched for the Acquisition Tata Motors Limited and IVECO Group N.V. have announced the commencement of a voluntary all-cash tender offer by TML CV Holdings B.V. for all issued ordinary shares of IVECO Group at EUR 14.10 per share, including dividends. The offer values IVECO Group at approximately EUR 3.82 […]
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Olectra Greentech Limited has crossed a significant milestone in India’s electric mobility journey, with more than 4,000 electric buses delivered and over 750 million kilometres covered in operations. For Managing Director Mahesh Babu, the milestone reflects years of learning from real-world fleet operations, state transport undertakings and customers across diverse operating environments. Olectra was among […]
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By Siddhartha Gupta, Director, Mobility Growth Advisory, Frost & Sullivan India’s intercity bus segment is gradually shifting from basic, price-led travel toward more organized and comfort focused services. AC sleeper and seater-sleeper buses are particularly important on longer routes, while luxury and electric coaches are likely to grow first on routes where higher fares, strong […]
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By Kinjal Shah, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA Limited Over the years, the Indian commercial vehicle (CV) industry has transformed across multiple dimensions, driven by regulatory interventions, evolving customer needs and the growing policy thrust on cleaner mobility. Regulatory changes, ranging from emission norms and axle load revisions to requirements related to […]
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Driving EV adoption through profitable intercity operations, digital innovation and customer-first mobility. As India’s public mobility sector moves steadily towards a cleaner future, electric buses are expected to witness rapid adoption across applications where total cost of ownership (TCO) makes commercial sense. According to Mr. Saurabh Patwardhan, Director, Prasanna Purple Mobility, the next five years […]
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The company believes early adoption and operational expertise will define the next phase of India’s electric mobility journey. As India’s public mobility ecosystem moves towards a cleaner future, electric buses are expected to play a defining role across city, school, and staff transportation. According to Mr. Sanyam Gandhi, Whole-Time Director, Chartered Speed, the transition will […]
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By Mahesh Babu, Managing Director, Olectra Greentech Limited The Next Chapter in India’s Mobility Story India’s mobility story has long been driven by road transport, with buses forming the backbone of the nation’s public transportation system. Every day, an estimated 40 crore passenger journeys are made through public and private bus networks, connecting people to […]
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At the recently concluded Busworld India Conclave 2026, discussions around electrification, infrastructure readiness, and mobility integration remained at the forefront as industry stakeholders deliberated on the future of India’s bus segment. Among the key industry voices at the conclave was Mr. Prasanna Patwardhan, Chairman and Managing Director, Purple Mobility Solutions Pvt. Ltd., who highlighted the […]
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The company is redefining intercity mobility in India by combining electric mobility with a strong focus on punctuality, passenger comfort, safety and operational excellence, while rapidly scaling its footprint across the country’s evolving EV bus ecosystem. India’s intercity mobility landscape is slowly witnessing a shift where passengers are no longer looking only for a ticket […]
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Daimler Truck Holding AG delivered resilient Group financial performance for FY2025, operating within its guided range despite a challenging macroeconomic environment marked by declining key markets and tariff headwinds. The company reported market-leading results in North America despite weak demand conditions, while Mercedes-Benz Trucks delivered solid profitability. Daimler Buses achieved double-digit margins for the first […]
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