Ashok Leyland, the Hinduja Group’s flagship and India’s leading commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles. The partnership will enable both companies to offer customised financial solutions to customers purchasing Ashok Leyland’s electric vehicles. The MoU was signed by […]
Continue Reading
As the global commercial vehicle industry navigates geopolitical uncertainties, evolving regulations and the transition towards cleaner mobility, India has emerged as one of the brightest growth markets for the sector. Andreas Moser, Member of the ZF Board of Management and Head of the Commercial Vehicle Solutions Division, believes the country’s strong market momentum, growing focus […]
Continue Reading
Montra Electric and Wonder Cement have announced the deployment of around 250 heavy-duty electric trucks — the Rhino 5538 EV 42 TT — across a 1,450-km corridor spanning Rajasthan, Madhya Pradesh, Maharashtra, and Gujarat, creating India’s longest commercial electric freight corridor. The trucks will operate on the Nimbahera to Dahej Port and Nimbahera to Tuna […]
Continue Reading
Dr. Hussein Ali Mwinyi, Hon’ble President of Zanzibar flagged off 15 EKA Electric Buses EKA Mobility marked a significant milestone in its global expansion with the official flag-off of its state-of-the-art 12-metre electric buses in Zanzibar. The ceremony was graced by Dr. Hussein Ali Mwinyi, the Hon’ble President of Zanzibar, who unveiled the buses and flagged off the […]
Continue Reading
IAA Conference covers the full spectrum of future trends in the commercial vehicle industry – prominent representatives from industry, small and medium-sized enterprises (SMEs), and politics expected – new prototype.club Stage strengthens focus on innovation and startups. With its extensive conference program, IAA TRANSPORTATION 2026 is putting the central future trends of the commercial vehicle […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 & […]
Continue Reading
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 […]
Continue Reading