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Indian CV Industry to Reach 45% Alternative Fuel Share by FY2030: ICRA

autherDev Vadchhedia     calendar27 Jul 2026

Rating agency ICRA forecasts CNG, LNG, and electric powertrains to gain market share as diesel usage continues to decline across commercial vehicle segments.

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Omega Seiki Mobility Raises ₹50 Crore in Strategic Funding Round News
Omega Seiki Mobility Raises ₹50 Crore in Strategic Funding Round

autherDev Vadchhedia calendar27 Jul 2026

The electric commercial vehicle manufacturer plans to expand manufacturing capacity, strengthen research and developme...

Toyota Signs Binding Agreement to Join Cellcentric Fuel Cell JV News
Toyota Signs Binding Agreement to Join Cellcentric Fuel Cell JV

autherDev Vadchhedia calendar27 Jul 2026

The automaker will acquire a one-third stake alongside Volvo Group and Daimler Truck, targeting completion of the tran...

Energy In Motion Partners HPCL for EV Truck Charging, Battery Swapping Network News
Energy In Motion Partners HPCL for EV Truck Charging, Battery Swapping Network

autherShruti Shiraguppi calendar27 Jul 2026

Swap-and-charge hubs planned on Mumbai-Pune, Delhi-Jaipur and Chennai-Bangalore corridors over next 18-24 months.

EKA Mobility Flags Off First Electric Bus Fleet in Zanzibar News
EKA Mobility Flags Off First Electric Bus Fleet in Zanzibar

By Eshisha Java calendar24 Jul 2026

The deployment begins with 15 electric buses, with commercial operations starting August 1 as part of a larger order t...

Moderating CV Utilisation, Higher Costs May Weigh on Asset Quality in FY27: Ind-Ra News
Moderating CV Utilisation, Higher Costs May Weigh on Asset Quality in FY27: Ind-Ra

By Eshisha Java calendar24 Jul 2026

Replacement demand is expected to support commercial vehicle sales, but moderating utilisation, rising operating costs...

Ashok Leyland Partners Shriram Automall For Used CV Business News
Ashok Leyland Partners Shriram Automall For Used CV Business

By Eshisha Java calendar23 Jul 2026

The partnership will combine Ashok Leyland’s commercial vehicle operations with Shriram Automall’s auction and remarke...

Euler Motors and Green Drive Mobility Partner to Deploy 500 Electric Cargo Vehicles News
Euler Motors and Green Drive Mobility Partner to Deploy 500 Electric Cargo Vehicles

autherDev Vadchhedia calendar22 Jul 2026

The commercial EV maker supplies four-wheeler cargo units to expand Green Drive Mobility's mid-mile and last-mile logi...

Ashok Leyland Ramps Up R&D Expenditure to Rs 635 Crore to Fuel News
Ashok Leyland Ramps Up R&D Expenditure to Rs 635 Crore to Fuel "Sprint to Vision" Strategy

autherShahkar Abidi calendar21 Jul 2026

The commercial vehicle maker increases its annual tech spending to drive electric vehicle development, software integr...

Ashok Leyland CEO Shenu Agarwal’s Pay Jumps 48% Amid Shift to Phantom Stock Units News
Ashok Leyland CEO Shenu Agarwal’s Pay Jumps 48% Amid Shift to Phantom Stock Units

autherAutocar Professional Bureau calendar21 Jul 2026

The commercial vehicle maker reshapes pay for various executives after a record financial year, moving away from stock...