Domestic sales of buses (7.5t gvw and above) rose by 13.1% in Q4 of the financial year 2021-22 (January to March 2022) to register 5,364 units compared with 4,744 units in Q4 of last year.

Sales of light-duty buses (7.5t & below) surged by 48.8% to register 6.937 units in Q4 of FY2021-22 (January to March), up from 4,662 units in Q4 of FY2020-21.

Tractor sales during the fourth quarter of FY 2021-22 (January to March 2022) increased by 41.9% to register 11,941 units, compared with 8,413 units in the same quarter of the previous year (FY 2020-21).

Sales of medium and heavy rigid trucks (7.5t GVW and above) in India experienced a positive growth of 13.8% in Q4 of FY2021-22 to register 76,671 units, up from 67,377 units in same quarter of the year 2020-21.

The Department of Delhi Transport Corporation has granted a one-year extension to rapid transit vehicles (RTVs) that help as significant module of last mile connectivity in the city - valid from January 1 to December 31, 2022.

Pinnacle Mobility has entered into a long-term strategic collaboration / purchase agreement through a Memorandum of Understanding with battery tech start-up Log9 for the supply of fast-charging batteries for the new EKA-branded electric vehicles.

Pinnacle Mobility Solutions has unveiled the EKA E9, its first 9-metre all-electric bus, marking the company’s entry into the electric vehicle market. 

The camshaft manufacturer is developing electrification kits tailored towards retrofitting vehicles in India’s sub-three tonne segment, built at a plant either in Pune or Solapur.

Pinnacle Mobility, a new entrant in EV manufacturing, is investing up to USD261.5m to make 9m and 12m electric buses and electric mini-trucks to cater to the booming last-mile mobility space.

WABCO India, a part of ZF Group’s former Commercial Vehicle Control Systems Division has been officially renamed as ZF Commercial Vehicle Control Systems India Ltd (ZF CVCS India), after ZF’s acquisition of WABCO in May 2020.

The tyre manufacturer has inaugurated its Mobility Solutions Institute in Pune for employees, dealers, and partners to enhance their knowledge on tyre technology and related mobility solutions, using Augmented and Virtual Reality programs.

The tyre manufacturer has announced it plans to spend about USD70m in FY2023 to expand its truck and bus radial (TBR) tyre manufacturing operations and to increase operational efficiencies at its plants across India.