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Tata Motors Limited leads the Indian CV market with total sales of 29,700 units for the month which translates to a 35.11% market share for the brand.
Among the various vehicle categories, two-wheelers (2W), three-wheelers (3W), and passenger vehicles (PV) experienced robust growth rates of 21%, 23%, and 17% respectively on a YoY basis. However, the commercial vehicle (CV) and tractor (Trac) segments wi
Additionally, the company also launched improved versions of Tata Intra V50 and Tata Ace Diesel trucks. Both of these trucks are re-engineered to lower fuel consumption and reduce the total cost of ownership, says the automaker.
A total of 150 JCB engineers are working to develop hydrogen combustion engines and more than 75 prototypes have already been manufactured at JCB’s UK engine plant.
The Tractor industry witnessed the sale of 72,259 units, up from 67,655 units in November 2022, reflecting a positive trend in the agricultural machinery sector.
Bajaj Auto has achieved impressive sales figures in the electric three-wheeler category. From June to the end of November 2023, the company sold a total of 3,314 units, with the highest monthly sales recorded in November.
According to the report, the e-bus market in India is in the early stages of development with approximately 3,000 registered e-buses as of July. Nearly 7,000 orders of electric buses are pending, the report says.
The BJP secured victory, especially in areas with a significant tribal population, because of their commitment to addressing the concerns of the people, especially farmers.
Electric CV sales in November witnessed a tremendous 166% YoY growth with a total of 541 units being sold in the month. The sales numbers also show a 7% MoM decline when compared to 582 units sold in October.
MBMC and UMC are the governing bodies of Mira-Bhayandar and Ulhasnagar, respectively, in Maharashtra. MBMC aims to encourage environmentally friendly alternatives in the state by introducing 57 electric buses.
In November 2023, the electric three-wheeler market in India witnessed significant growth. Mahindra Last Mile Mobility (MLMM) emerges as the market leader, securing a 9% share with over 35,000 units sold in FY2023.
Officials from IFFCO reveal an ambitious plan to procure 2500 drones, signalling a commitment to lead the adoption of nano fertilizers across the country.
In the first half of the year, the brand generated business of over INR 300 crore. A significant hike in defence business turnover is expected by the second half of the year.
The COCO Service Centre aims to deliver an unparalleled experience for customers seeking electric vehicle service. With its capacity to service over 3,000 vehicles annually, it accounts for approximately 30% of the overall sales.
Eicher trucks also experienced a gain of 3.41% with CV sales reaching 4,128 units for the month. Volvo trucks also witnessed a 12% growth in CV sales.
