electric trucks Archives

Drivn Signs MoU with Tata Motors to Lease Electric Trucks to Fleet Operators

August 20, 2026August 20, 2026News Desk

Drivn, an EV leasing platform focused on heavy commercial fleets, has signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, to explore leasing-based deployment of electric commercial vehicles in India. Under the partnership, Drivn will offer customised leasing solutions for Tata Motors’ electric commercial vehicle portfolio, helping fleet operators transition […]

Tata Motors Grows Sales and Cash Even as Costs Climb

August 13, 2026August 13, 2026T.Murrali

The MD & CEO of the company Mr. Girish Wagh credited the quarter’s growth to a strong product portfolio, sharp execution, and discipline, while highlighting EV momentum. At its Q1FY27 earnings call held last evening, Mr. Wagh gave an indication of how the company managed rising costs while betting big on both electric vehicles and […]

PM E-DRIVE Scheme Extended by Two Years to March 2028

August 12, 2026August 12, 2026News Desk

The Ministry of Heavy Industries has extended the tenure of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme by two years, taking its implementation period from 31 March 2026 to 31 March 2028. Originally notified on 29 September 2024 with an outlay of ₹10,900 crore for a two-year period, the scheme […]

Ashok Leyland Joins Drivn to Ease Financing for E-Truck Buyers

August 11, 2026August 12, 2026News Desk

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 […]

Montra Electric and Wonder Cement Deploy 250 E-Trucks

July 29, 2026July 29, 2026News Desk

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 […]

Electric Commercial Vehicles Are Moving from Promise to Mainstream

July 22, 2026July 23, 2026T.Murrali

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 […]

Billion Electric and JK Cement Deploy 150 Heavy Duty Electric Trucks for Cement Logistics

July 22, 2026July 23, 2026News Desk

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 […]

MAN Reports 8% Growth in First-Half 2026 Sales; Electric Vehicles Up 37%

July 14, 2026July 14, 2026News Desk

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 […]

CJ Darcl and NHEV Team Up to Put Heavy Electric Trucks on India’s Highways

July 1, 2026July 1, 2026News Desk

CJ Darcl Logistics, one of India’s largest B2B road freight operators, has signed a memorandum of understanding with National Highways for Electric Vehicles to explore and deploy heavy electric vehicle freight operations on the country’s upcoming e-highways. The partnership, signed under the government’s Ease of Doing Business programme, is aimed at building a commercially viable […]

Olectra’s Blueprint for India’s Electric Mobility Future

June 27, 2026June 28, 2026T.Murrali

Olectra Greentech Limited has reported its best-ever annual performance in FY26, delivering 1,280 electric vehicles — the highest since inception. Revenue grew 28% year on year to ₹2,312.17 crore, EBITDA rose 27% to ₹352.28 crore, and profit after tax increased 29% to ₹179.53 crore. Cumulative deliveries stood at 3,998 units as of March 31, 2026, […]

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