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CMV360 Weekly Wrap-Up | That Mattered This Week (May 22nd-May 26th): Tata Motors will provide 50 Magna 13.5-metre buses to Vijayanand Travels.

Check out this week's important news on the truck, three-wheeler, tractors, new launches, and much more.

Multiple26-May-23•••
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Volvo Group has launched an Augmented Reality safety application for electric trucks.

The Augmented Reality safety app is designed to transmit instant, useful information from the electric vehicle to the arriving emergency services team, guiding them in real time and ensuring safe rescue conditions.

Trucks26-May-23•••
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Global travel tech unicorn Flix plans To Enter India With FlixBus in 2024

India is committed to alternative fuels and is moving toward an electric future for collective transportation. Flix intends to connect Indian cities to the rest of the world. The long-distance service is projected to cost approximately $1.5 million per ye

Buses25-May-23•••
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Tata Motors Finance establishes an IT Center in Pune to support digital transformation.

This strategic move aims to capitalize on Pune's thriving technology environment, attract professional tech personnel, and develop a centralized tech solution hub for Tata Motors Finance's digital transformation activities.

Trucks25-May-23•••
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PMI Electro Mobility delivers 50 electric buses to Dharamshala.

PMI's electric buses are outfitted with cutting-edge technology and advanced features like air suspension and real-time diagnostics, making them dependable, energy-efficient, and cost-effective.

Buses25-May-23•••
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Ashok Leyland forecasts an investment of Rs 600-750 crore in FY24.

Ashok Leyland's truck market share for Q4 FY23 increased to 32.7% from 30.6% in Q4 FY22. Similarly, the bus market share for Q4 FY23 increased to 27.1% from 26.4% in the same quarter last year.

Trucks24-May-23•••
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Rahul Gandhi spent the night in a truck discussing 'drivers' life challenges.

During his journey from Murthal to Ambala, the Congress leader spoke with truck drivers about their problems and worries. He also talked to them about other issues that were bothering them and how they may be resolved.

Trucks24-May-23•••
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Tata Motors will provide 50 Magna 13.5-metre buses to Vijayanand Travels.

The bus is outfitted with cutting-edge technology features such as a gear shift adviser and Tata Motors' Fleet Edge networking system.

Buses24-May-23•••
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Goa is planning to expand drone farming in order to advance agriculture.

The agricultural drone, which differs from other types of drones, has a diameter of 1.5 meters and can transport either 10 litres of pesticide or 10 kilograms of weedicide. The Department of Agriculture has proposed to the central government a 10% increas

Tractors23-May-23•••
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Fuso begins production of a new eCanter Truck.

The eCanter is driven by a 110 kW or 129 kW electric motor which produces 430 Nm of torque. It has an optimized driveline and gives a maximum speed of 89 kph.

Trucks23-May-23•••
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Continental Tires and Indag Rubber collaborate on truck and bus radial retreading.

Continental's tyres group sector comprises 24 production and development facilities across the world. With about 57,000 people, the company is one of the largest tyre producers, with preliminary sales of 11.8 billion euros in this group industry in 2021.

Tyres23-May-23•••
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Volvo has received a record-breaking order for up to 1,000 electric trucks.

Holcim collaborates with Volvo to decarbonize European operations' logistics with electric fleets, moving closer to the goal of 30% zero-emission heavy-duty trucks by 2030.

Buses22-May-23•••
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Withdrawal of electric bus subsidies will burden passengers with expensive tickets

In comparison to the first e-bus tender issued by the Centre-controlled Convergence Electric Services (CESL) in April last year, the lowest bid was less than Rs 44/km. Due to a lack of government subsidies, the price has risen 36% to Rs 60/km in the most

Buses22-May-23•••
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Ashok Leyland is preparing to debut electric LCVs early next year.

Ashok Leyland is preparing to launch its electric LCV series, hopefully by the end of this year or early next year. Medium and heavy-duty trucks, on the other hand, are still a few years away. They can't rely on the environment built for two- and three-wh

Trucks22-May-23•••
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Deere's future in precision agriculture is dependent on the space-based connection.

Deere has made major investments in precision agriculture, as have competitors CNH Industrial and AGCO. This method employs sensors, software, and data analytics to improve farming operations, resulting in higher crop yields.

Tractors20-May-23•••

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