The MoU outlines an investment over a span of five years, with the potential to generate up to 5,000 jobs, both directly and indirectly.

The facility is fully digitally controlled and is equipped with advanced storage systems, including gravity spiral and vertical reciprocating conveyors.

Domestic sales of buses and coach (7.5t gvw and above) increased by 39.6% in Q4 of the financial year 2023 (ending March 31, 2024) to register 20,048 units.

Sales of light-duty vehicles (7.5t & below) grew by 9.5% to register 15,370 units in Q4 of FY 2023 (ending March 31, 2024).

The Hübner Group, which unveiled its ‘hydropneumatic’ suspension and damping system, which works without the use of compressed air at Busworld 2023, is seeking OE partners to build the first vehicle prototype. Any manufacturer interested should get in touch.

The market demand fell by 2.8% in the fourth fiscal year quarter of 2023/24

The ELON 3X BEV, a 3-axle, high floor intercity 13-metre electric coach is to undergo rigorous validation and testing processes in preparation for full certification.

The bus will integrate BAE System’s electric powertrain, Ballard’s hydrogen fuel cell and Gillig’s low-floor body. Production is set to begin in Q1 2026 for the North American market.

Andersson as its new president (managing director), replacing Thomas Hemmerich, who had been in the job since 2021.

Fuso, Mitsubishi Motors and Mitsubishi Corporation to operate an online platform JV providing information and one-stop services relating to electric vehicles (EV). 

The delivery was part of an order for ten double-deck coaches fitted with Advanced Driver Assistance Systems (ADAS) and five single-deck buses placed by the bus operator last year, as it looked to fulfil growing demand for inter-state road travel.

CV sales grew almost twice as fast as the economy (5.1%) in the first quarter this year.