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Mahindra Last Mile Mobility Limited led the Indian electric commercial vehicle market in FY2026 with a 39.7% L5 segment share, selling over 3.4 lakh EVs to date and launching the new Mahindra UDO with a 200 km range.
A leading electric bus manufacturer reported a five-fold increase in FY26 sales, expanded its manufacturing capacity, and began international deployments, including new agreements in Africa and plans for production in Australia.
ZF Group will supply ADAS technology for electric buses in India from 2027. The OnGuardMAX-based system uses cameras and radar, meets GSR 184(E) standards, and has been tested over 450,000 kilometres locally.
EKA Mobility achieved a fivefold increase in electric commercial vehicle sales for FY2026, selling 1,143 units. Growth is driven by rising demand, government policies, and new collaborations on advanced electric powertrain systems.
Hero MotoCorp's Surge S32 is the first electric vehicle approved under India's new L2-5 category, allowing it to switch between two-wheeler and three-wheeler modes. The modular vehicle features 40 patents and supports flexible mobility.
Women are taking leadership roles in India's transition to cleaner freight and electric vehicles. With zero-emission trucks expected to create millions of jobs by 2050, policy support and infrastructure improvements are key for gender inclusion.
Euler Motors secures ₹437.5 crore Series E funding to expand EV manufacturing, grow network, and strengthen market position in India’s fast-growing commercial electric vehicle segment.
EKA Mobility will deploy 310 electric buses in three Indian states, aiming to cut 140,000 tonnes of CO2 emissions. JBM Auto leads with 5,000 orders, while Tata Motors and PMI hold significant order books. Pinnacle Industries targets INR 750 crore revenue.
Maharashtra will convert its entire 22,000-vehicle MSRTC bus fleet to electric by 2037, ending new diesel purchases. The state leads India in committing to full public bus electrification, though implementation faces delays.
India's electric bus initiative faces challenges in implementation, including air quality concerns and manufacturing needs. SIAT Expo 2024 highlighted five transformation steps to improve electric bus adoption and passenger safety.
iGO Wise Mobility and Daiots Arc Private Limited will deploy 1,000 BeiGo X4 electric trikes for temperature-sensitive urban deliveries in India, starting with 100 vehicles and expanding across key city corridors.
CMV360 Weekly Wrap-Up (2-7 March 2026) covers strong commercial vehicle sales, rising electric bus and three-wheeler adoption, robust tractor demand, new product launches, mobility partnerships, and mandi price trends impacting India’s agriculture sector.
Keto Motors receives CMVR Type Approval for its Urbanova KE9 electric bus. The certification enables commercial deployment across India, supporting public transport fleets transitioning toward cleaner and more efficient mobility solutions.
India electric three-wheeler sales report February 2026 shows Zeniak Innovation leading e-rickshaws and J.S. Auto topping e-carts, highlighting strong growth in passenger and cargo electric mobility segments.
India’s electric passenger three-wheeler (E-3W L5) sales grew in February 2026. Bajaj Auto led registrations, followed by Mahindra Last Mile Mobility and TVS Motor, highlighting steady EV adoption in the last-mile mobility segment.
