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South Asia

India

India

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Statistics

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Truck & Van

Premium Article

India: Rigid truck sales increased almost 50% in the first threequarters of fiscal year 2022-23

By Rajesh Khanna – 17th March 2023

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India increased by 46.3% in the period for April to December of 2022-23 to 181,934 units from 124,367 units in same period of the year 2021-22.

India

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Statistics

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Registrations

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Production

Premium Article

India: Bus and coach sales jump 130% in Q3 of FY2022-23

By Rajesh Khanna – 17th March 2023

Domestic sales of buses and coaches (7.5t gvw and above) increased by 130.5% in Q3 (October to December) of the financial year 2022-23 (Q3/FY22-23) to register 8,331 units, up from 3,615 units in Q3 of FY 2021-22.

India

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Statistics

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Truck & Van

Premium Article

India: Tractor market balloons 123% to exceed 35,000 units in the nine months of FY2022-23

By Rajesh Khanna – 16th March 2023

The heavy haulage tractor sector saw sales more than double during April to December of 2022-23 to register 35,334 units compared with 15,794 units in the same period of the previous year (2021-22).

India

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Statistics

Premium Article

India: High demand for heavy-duty tractors of 55t gcw sees production double in Q3 of FY22-23

By Rajesh Khanna – 16th March 2023

Tractor production increased by 101.1% overall from 6,822 units to 13,717 units, but export sales declined by 50%.

India

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Statistics

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Bus & Coach

Premium Article

India: Bus and coach sales in strong recovery during April to December after pandemic

By Rajesh Khanna – 15th March 2023

Sales of buses and coaches (7.5t & above) in the first nine months of fiscal year 2022-23 (April to December) rallied gaining 267.7% to register 23,689 units compared with just 6,442 units in the three-quarter year period of FY2021-22.

India

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Statistics

Premium Article

High demand home and abroad for India’s light-duty buses in Q3 of FY2022-23

By Rajesh Khanna – 15th March 2023

Sales of light duty buses (7.5t & below) more than doubled by 129.1% to register 8,093 units in Q3 of FY 2022-23, up from 3,532 units in Q3 of FY2021-22.

India

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Statistics

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Bus & Coach

Premium Article

India: LCV bus sales hits 30,278 units in April to December 2022-23

By Jim Gibbins – 14th March 2023

Sales of light-duty bus sales (7.5t & below) rose by 132.6% to 30,278 units in the threequarter fiscal year (April to December) of 2022-23 from 13,015 units in the same period of 2021.

India

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Statistics

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Truck & Van

Premium Article

India: LCV truck demand boost sales 34.1% in the first nine months of 2022-23

By Jim Gibbins – 14th March 2023

Sales of LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) increased by 34.1% to 412,019 units in the first three quarters (April-December) of 2022-23 from 307,142 units in same period of 2021-22.

India

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Statistics

Premium Article

India: Rigid truck sales up by 19% overall in Q3 driven by the heavy truck segment

By Rajesh Khanna – 13th March 2023

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India improved by 19.2% in the third quarter (October to December) of FY2022-23 (Q3/22-23) to register 63,713 units, up from 53,439 units in same quarter of fiscal year 2021-22.

India

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Statistics

Premium Article

India: Light truck sales edge up 5% in Q3 of 2022-23

By Rajesh Khanna – 13th March 2023

Sales of LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) in India rose by a modest 4.8% in Q3 of FY 2022-23 to 133,340 units from 127,213 units in same period of FY 2021-23.

India

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Electric Drive

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Product

JBM delivers its first electric airport buses to Delhi International Airport

By Rajesh Khanna – 12th March 2023

JBM is believed to be the first bus builder in India to offer the home market fully integral buses.

India

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Compliance

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Product

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Electric Drive

EKA Mobility receives type approval for its 2.5 tonne e-LCV

By Rajesh Khanna – 12th March 2023

EKA Mobility is the trade name of Pinnacle Mobility Solutions Private Ltd - it builds a range of electric vehicles.

India

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Policy

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Agreement

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Batteries & Energy Storage

Indian governmental departments collaborate to create a roadmap for development of EV batteries for the Indian market

By Rajesh Khanna – 12th March 2023

Indian government plans for multiple stakeholders in deciding roadmap.

Financial Services

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Bus & Coach

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Investment

GreenCell raises $60+ million financial package to build a further 255 electric buses

By Rajesh Khanna – 11th March 2023

GreenCell contracts the manufacture of the e-buses to PMI Electro Mobility in Haryana.

India

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R&D

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AI, Digitalisation & Robotics

Volvo Group inaugurates new Vehicle Tech Lab in Bengaluru

By Jim Gibbins – 10th March 2023

The all-new Vehicle Tech Lab can house complete trucks, bus and coach chassis and components.

India

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Product

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Manufacture

Force Urbania minibus now in production and on sale in India

By Manoj P – 10th March 2023

Force is the market leader in the Indian minibus sector.

India

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Gas Engines

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Product

Blue Energy begins production of its LNG trucks for the Indian market

By Jim Gibbins – 9th March 2023

Blue Energy Commercial Vehicles Pvt Ltd (Blue Energy Motors) of Pune, is a two-year-old start-up backed by a Singapore-based finance firm.

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