The Indian medium and heavy rigid truck market (7.5t gvw and above) from April to June 2024-25 (FY Q1: 2024/25) shows a mix of growth and decline across different GVW (Gross Vehicle Weight) segments when compared with the same period in 2023-24.

Æsir Technologies Inc of Joplin, Missouri, USA, is a spin-off company ZAF Energy Systems Inc.

EVR Motors specialises in manufacturing high power density electric motors for CVs and other applications.

The funding is to be used to support deployment of 350 fully air-conditioned, 9-metre electric buses across eight cities in Uttar Pradesh.

All of the buses are Viking models fitted with Ashok Leyland’s iGen6 BS VI, H Series engine.

The project will evaluate the performance of these fuel cell electric buses in the Delhi NCR region's challenging climate, focussing on how local fuel and air quality affect the buses' efficiency, longevity, and operational reliability in transit bus fleets.

The acquisition is expected to leverage the expertise of the Roberto Nuti Group to enhance SI Airsprings product offerings as well as strengthen its global market position.

The formal split and formal establishment of the two entities will take place at the start of the next fiscal year, i.e. April 1, 2025.

The aim is to target a module level of efficiency of less than 36kWh/kg and drive down the price, making it much more competitive as an alternative fuel/energy option in sectors such as heavy transportation.

he company has appointed three new senior executives, including Zoeb Karampurwala as Chief Product Officer, Murali Raju as Chief Commercial Officer and Vijaykumar Yelne as President of EKA Mobility, replacing Anil Baliga. All three will report directly to Founder & Chairman, Dr Sudhir Mehta.

The JSW Group of Mumbai has signed a Memorandum of Understanding (MoU) with the government of Odisha, to building an integrated Electric Vehicle (EV) and EV battery manufacturing facility in Cuttack, Odisha State.

Tractor sales in FY 2023 (financial year ending March 31, 2024) increased by 19.0% to 69,089 units.