The order is worth INR 297.85 crore (USD35m) to supply 320 diesel (BSVI) 12-metre ultra-low entry rear-engine buses to the Tamil Nadu State Transport Corporation.

Series production of the fifth-generation OptiRide began last year for an unnamed European commercial vehicle manufacturer; now, ZF is also supplying the system to Hyundai.

The investment is scheduled for the fourth quarter of FY2025-26 and is aimed at supporting the ongoing capital expenditure and growth plans of Switch Mobility.

This initiative aims to promote energy-efficient tyre manufacturing, strengthen domestic supply chains, and create employment opportunities, says JK Tyres.

Providing 356 kilowatt hours of energy storage, these battery packs carry nickel-manganese-cobalt cells which are packaged at MAN’s facility in Nuremberg.

The ‘RE2b’, like the ‘RD1’ launched earlier this year, combines a manual ramp which folds into the floor of the bus with an electric ramp, but with greater width to make it more accessible for wheelchair passengers.

The company says this move to unlock value from non-core assets is consistent with Rane Holding Ltd’s strategic objective of streamlining operations and strengthening financial performance.

The majority of this order are non-AC diesel buses.

New automated facility will help reduce logistics costs.

Its e-services portfolio includes enhanced digital fleet solutions, depot infrastructure, and turnkey electrification support services to its customers.

Our press visit to BorgWarner’s cutting-edge Gigafactory in Darmstadt, Germany revealed a company that is rapidly accelerating toward the future by betting big on electrification!

Sales of buses and coaches (>7.5t gvw) in the FY 2024/25 increased by 23.4% to 65,580 units from 53,137 units in the previous fiscal year.