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Following the epidemic, VECV gains market share in the M&HCV segment

Total M&HCV volumes, including goods and passenger carriers, were 3.59 lakh units in FY23, up from 3.91 lakh units in FY19 and 2.41 lakh units in FY22.

Multiple•17-Apr-23•••
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Maruti Suzuki launches new Super Carry mini truck with 1.2L K Series engine, 158,000 units sold since launch

The New Super Carry's key product highlights include front disc brakes, reverse parking sensors, seatbelt reminders, an engine immobiliser system, a larger steering wheel with the lighter operation for better manoeuvrability, smoother gearshifts, and impr

Trucks•17-Apr-23•••
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VRL Logistics has placed an order for 1560 Ashok Leyland trucks.

The company has placed an order for Ashok Leyland's AVTR 3120 and AVTR 4420 TT models. These trucks include all of the advanced features that will increase productivity and profitability.

Trucks•17-Apr-23•••
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Bangor Tractor & Equipment now sells all-electric tractors.

Electric tractors are quieter and require less maintenance. It can be plugged into any ordinary 120v household socket.

Tractors•15-Apr-23•••
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CMV360 Weekly Wrap-Up | This Week That Mattered (April 10-15): Mahindra will launch 40 tractor models under the new OJA brand.

The Mahindra Oja tractor platform will produce 40 models, ranging in power from 20hp to 70hp, and will be targeted in four key geographies over the next three fiscal years, beginning this year.

Multiple•15-Apr-23•••
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Ashok Leyland goes digital to enter the used commercial vehicle market.

Customers could use the e-marketplace to trade in their current vehicles and upgrade to an Ashok Leyland truck or bus.

Multiple•15-Apr-23•••
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Omega Seiki Mobility is in the process of establishing two new EV factories in south India.

Omega Seiki Mobility is also looking into the possibility of establishing a single integrated plant for electric three-wheelers and electric trucks.

Three Wheelers•13-Apr-23•••
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Eaton introduces Tech Day 2023, which will feature cutting-edge power management solutions.

Eaton Aerospace Solutions manufactures hydraulic, fuel, pneumatic, actuation, and electrical products that deliver safe and efficient solutions for aircraft.

Multiple•13-Apr-23•••
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Ashok Leyland launches an e-Marketplace for second hand Commercial Vehicles.

Customers will be able to find vehicles of their choice thanks to the e-marketplace's features such as confirmed vehicle photos, validated documentation, and evaluation reports. Sellers can also list their vehicles for liquidation with a few easy clicks.

Multiple•13-Apr-23•••
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Keshub Mahindra, former Chairman of the Mahindra Group, died at the age of 99.

Keshub Mahindra died at the age of 99, just days after re-entering the Forbes billionaire list for 2023. With a net worth of $1.2 billion, the former chairman of Mahindra & Mahindra was the oldest billionaire in India.

Multiple•12-Apr-23•••
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Ayro Vanish’s low-speed EV has won the Red Dot product design award.

The Red Dot Award is a highly prominent award given to the best items in product design from across the world each year. This year's Red Dot Prize received submissions from 60 nations.

Multiple•12-Apr-23•••
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MRF is the second most valuable and powerful tyre brand.

MRF is also ranked as the world's second-fastest-growing tyre brand. It received a AAA brand rating after scoring 83.2 out of 100 on brand strength.

Tyres•12-Apr-23•••
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Delphi TVS Tech to invest Rs 450 crore in expansion in Commercial Vehicle Segment

The company has built common rail systems for tractors while keeping Indian conditions in mind. It is an oil-lubricated technology that allows tractors to transition from mechanical to common rail systems.

Multiple•12-Apr-23•••
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CNG, and PNG prices cut by up to 10% which will benefit the transportation sector.

In an effort to ease the burden on the general public, the government announced a new pricing formula for domestically generated natural gas by state-run explorers: 10% of the monthly average import price of crude oil, with a floor of $4 per unit and a li

Multiple•11-Apr-23•••
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Euler Motors launches updated HiLoad e-3w with 170km range and 13 kWh battery pack

The design enhancements also feature a 30kg weight reduction, which contributes to increased operational efficiency and performance. HiLoad also receives software enhancements such as public charging compatibility and remote immobilization.

Three Wheelers•11-Apr-23•••
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