Skip to main content
Pro Plus

Olectra Targets 10,000 EVs Annually, Expands into High-Tonnage Trucks

Olectra Greentech, one of the pioneers in India's electric bus segment, wants to leverage its experience and supply chain to enter the electric, heavy duty truck market.

Shahkar AbidiBy Shahkar Abidi calendar 21 Mar 2025 Views icon19666 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Olectra Targets 10,000 EVs Annually, Expands into High-Tonnage Trucks

Olectra Greentech Ltd, a leading electric vehicle (EV) manufacturer, is expanding its production capacity with an ambitious target of 10,000 units annually within the next year or so. While its core focus remains on the electric bus segment, the company is now setting its sights on heavy-duty electric trucks, particularly in the high-tonnage and mining sectors.

Olectra’s decision to venture into the electric truck market stems from the growth opportunities in the higher tonnage category, which remains relatively less crowded. With global commercial transport shifting toward sustainable solutions, electric trucks could provide a compelling alternative to diesel-powered counterparts, particularly ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

STAY AHEAD OF THE CURVE WITH THE LATEST NEWS, ANALYSIS AND INSIGHTS INTO INDIA'S EXPANDING AUTOMOTIVE INDUSTRY

SUBSCRIBE TO AUTOCAR PRO PLUS

1 YEAR SUBSCRIPTION

$39.00

  • Unlimited Access to Pro Plus articles
  • Features and Insights
  • Opinions and Analysis
  • Pro Plus Newsletter
  • Multi-Device Accessibility

RELATED ARTICLES

Pro Plus

Valeo: Betting on India's Autotech Shift

auther Mukul Yudhveer Singh calendar24 Jun 2026

India contributes just 1% of Valeo's global revenues, but the French supplier's €200 million India investment is rooted ...

Pro Plus

From Everywhere to Somewhere: ZF's Profitability-First Reset

auther Ketan Thakkar calendar22 Jun 2026

As ZF navigates industry disruption, portfolio rationalisation and profitability pressures, its new CEO is reshaping the...

Tenneco Bets on India as Fastest‑Growing, Most Profitable Mega Region

auther Darshan Nakhwa calendar21 Jun 2026

US auto component maker Tenneco expects India’s global revenue share to rise from 5–7% towards 10%, while exports could ...