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South Asia

India

India

|

Order

|

Truck

Olectra wins order for 297 e-buses for the mountainous region of Himachal Pradesh

By RACE Innovations Pvt Ltd – 15th June 2025

This is the first and largest outright purchase of electric buses by a state transport corporation in India.

India

|

Statistics

|

Registrations

Premium Article

Steady tractor sales continue into the fourth quarter of 2024/25

By RACE Innovations Pvt Ltd – 13th June 2025

Tractor sales grew by 4.8% during the fourth quarter of FY 2024/25 (January to March) to register 21,021 units compared with 20,061 units in the same quarter of the previous year (FY 2023/24).

India

|

Aftermarket

AEM licenses magnet-free motor technology to an Indian automotive component manufacturer

By Luke Willetts – 12th June 2025

The agreement strengthens AEM’s footprint in Asia and coincides with a new trade agreement between the UK and India.

India

|

Market

|

Statistics

|

Registrations

Premium Article

Rigid truck sales dip 2.1% in Q4 of 2024-25

By RACE Innovations Pvt Ltd – 12th June 2025

Sales of medium and heavy rigid trucks (7.5t gvw and above) in India experienced a decline of 2.1% in Q4 (January to March) of FY 2024/25 to register 71,614 units from 70,149 units in same quarter of fiscal year 2023/24.

India

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Investment

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Manufacture

Blue Energy Motors to invest USD420 million in Maharashtra EV truck plant

By RACE Innovations Pvt Ltd – 11th June 2025

Anirudh Bhuwalka, CEO of Blue Energy Motors, says the facility will produce zero-emission electric trucks using AI and machine learning technologies.

India

|

Statistics

|

Registrations

Premium Article

India’s bus and coach production up 43% in Q4 2024/25

By RACE Innovations Pvt Ltd – 11th June 2025

Sales of buses (7.5t gvw and above) were up by 10.5% in Q4 of the financial year 2024/25 (January to March) to register 22,049 units, up from 19,946 units in Q4 of FY 2023/24.

India

|

Statistics

|

Registrations

Premium Article

LCV bus sales enjoys good levels of growth in Q4 2024/25

By RACE Innovations Pvt Ltd – 10th June 2025

Sales of light-duty buses and coaches (7.5t & below) rose strongly in Q4 of FY2025/24 (January to March 2025) by 19.4% to register 18,310 units compared with 15,333 units in Q4 of FY2023/24.

India

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Statistics

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Registrations

Premium Article

LCV trucks sales fall by 2.3% to just shy of 140,000 units in Q4 2024/25

By RACE Innovations Pvt Ltd – 9th June 2025

Production of LCV trucks fell by 0.8%, while exports grew strongly by 60.2% to more than 14,000 vehicles.

India

|

Order

JBM Auto secures contract for 1,021 e-buses under PM-eBus Sewa Scheme

By RACE Innovations Pvt Ltd – 8th June 2025

The project - valued at approximately USD660mn (INR 5,500 crore) - includes full-scale electric and civil infrastructure development under a Gross Cost Contracting (GCC) model.

Tunisia

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Agreement

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Electrical Systems & Components

KPIT Technologies GmbH invests €1.37 million in Tunisian subsidiary

By RACE Innovations Pvt Ltd – 7th June 2025

Based in Sfax, Tunisia, KPIT engineering SUARL currently employs 574 people and functions as a dedicated nearshore development centre

India

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Investment

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Venture Capital

PMI Electro Mobility secures USD29.5 million from investment consortium

By RACE Innovations Pvt Ltd – 6th June 2025

Currently, PMI Electro claims to operate 2,000 electric buses across 31 cities in India and has an order book of more than 3,000 vehicles.

India

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Investment

|

Manufacture

Free Article

Ashok Leyland opens new bus manufacturing plant in Andhra Pradesh adding extra capacity of almost 5,000 units

By RACE Innovations Pvt Ltd – 4th June 2025

This adds additional capacity to Ashok Leyland’s bus manufacturing – in FY2023/24 output exceeded 17,000 FBU buses and bus chassis.

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  1. Home
  2. World Regions
    • China
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    • Europe & Central Asia
    • Latin America
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    • North America
    • South Asia
    • Sub-Saharan Africa
  3. CV Segment
    • Bus & Coach
    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
    • Diesel Combustion
    • Fuel Cell Electric
    • Gas Combustion
    • Hybrid
    • Hydrogen Combustion
  5. Technology
    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
    • Associations, Consortiums, Market Analysts & Consultancies
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