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CMV360 Weekly Wrap-Up | That Mattered This Week (April 30th-May 06th): Mahindra LMM becomes the No. 1 Electric 3-Wheeler Manufacturer

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

Multiple•06-May-23•••
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Olectra Greentech contributes to a net profit of Rs 65 crore in FY2023.

The company's focus remains on increasing manufacturing capacity and enhancing technology capabilities. As a result, it will maintain market leadership in the electric bus segment.

Buses•06-May-23•••
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Daimler Truck launches the Freightliner eM2

The eM2 is available for pre-order and will go into production this autumn. With this new truck, DTNA expands its stable of series-built electric vehicles for the North American market.

Trucks•05-May-23•••
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Piaggio launches new Apé Xtra LDX CNG cargo three-wheeler: Price, Mileage and Engine Specs

The Ape Xtra LDX has been upgraded with features such as increased gradeability to 26 per cent, allowing for simple plying on flyovers and hilly terrain; tubeless tyres; 17.1Nm of torque to help carry the extra load; best-in-class mileage of 40km/kg of CN

Three Wheelers•05-May-23•••
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Chargeup has opened new EV charging stations in Mathura for three-wheelers

These stations will serve both two-wheelers and three-wheelers. The new Mathura stations will service approximately 700 vehicles every day.

Three Wheelers•04-May-23•••
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According To FADA, the 3-Wheeler Segment Has Grown By 57% YOY.

The demand for medium and heavy commercial vehicles (M&HCV) in the commercial vehicle (CV) market is rapidly expanding, owing to active infrastructure development projects across the country.

Multiple•04-May-23•••
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Volvo Group launches advanced medical services mobile clinic

Wellness on Wheels' is based on a cutting-edge Volvo Prime mover FM 4x2 with an automated I-shift transmission and specialized medical equipment. The vehicle incorporates air suspension and ABS brakes for a vibration-free ride to safeguard the sensitive m

Trucks•04-May-23•••
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OSM intends to launch India's first hydrogen-powered rickshaw

Hydrogen Based L-5 Category Rickshaw vehicles will be able to go at least 350-400 kilometres on a single charge, even in rough terrain.

Three Wheelers•03-May-23•••
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Altigreen has partnered with Sundaram Finance to provide financing options.

The collaboration between Altigreen and Sundaram Finance is expected to generate significant market interest, and customers can expect a variety of interesting new financial alternatives to facilitate the purchase of their favourite Altigreen EVs.

Three Wheelers•03-May-23•••
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BharatBenz Simulated Driver Trainer will digitally transform driving techniques.

Daimler India Commercial Vehicles announced the launch of the 'BharatBenz Simulated Driver Trainer project. This high-end, technologically advanced simulator is unique in the Indian commercial vehicle industry.

Trucks•03-May-23•••
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V S T Tillers Tractors Limited's April sales were down 23% to 2202 units.

In April 2023, the company sold 1790 power tillers, compared to 2355 in April 2022

Tractors•02-May-23•••
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Mahindra Tractor's overall sales decreased by 11% in April 2023

In April 2023, Mahindra tractor sales totalled 36405 units, compared to 40939 units in April 2022.

Tractors•02-May-23•••
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Mahindra & Mahindra commercial vehicles Sales Increased By 16% in April 2023

Light commercial vehicle sales under 2 tons increased by 17% to 3,416 units in April 2023, compared to 2,929 units in April 2022.

Multiple•02-May-23•••
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Ashok Leyland anticipates a 10% increase in sales in April 2023.

CV sales were 4944 units in April 2023, up from 4124 units in April 2022, representing a 20% increase.

Multiple•02-May-23•••
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VECV reported an overall sales increase of 18.9 per cent to 6,567 units in April 2023

Eicher Motors Truck Sales Statistics reported gross sales of 6399 units in April 2023, up from 5416 units in April 2022.

Multiple•01-May-23•••
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