Volvo Group Reports 3% Drop in Net Sales for 2024
Volvo Vehicle sales fell by 5% compared to 2023, but service sales grew by 4%.
Logistics Startup Pickkup Secures $500,000 Led By We Founder Circle
The Indian logistics sector has experienced significant growth, especially in the last-mile delivery segment.
VE Commercial Vehicles to Invest ₹1,500 Crore in MP For Electric Commercial Vehicles
VE Commercial Vehicles is investing in Madhya Pradesh to expand electric truck production, enhance infrastructure, and boost industrial growth in the state.
Taabi.ai Transforms Fleet Management with AI-Driven Solutions
Taabi’s technology improves route planning by analyzing road conditions and driving habits.
Ecofuel Ventures into Heavy Vehicles to Promote Sustainable Transport
In India, Ecofuel has sold 1 million Lovato kits and installed over 400,000 sequential kits.
Daimler India Achieves Full Renewable Power Switch at oragadam facility
The Chennai facility, which produces commercial vehicles for both the Indian and export markets, is one of the company’s major production hubs in Asia.
DHL and Scania are testing electric trucks with fuel-powered range extender
The EREV is a 10.5-meter-long truck with a maximum weight of 40 metric tons.
CMV360 Weekly Wrap-Up | 15th Feb – 21st Feb 2025: Volvo Road Train Launch, EV Financing Deals, California’s E-Truck Setback, Ashok Leyland’s ₹298 Cr Bus Order, JBM’s 1,021 E-Bus Deal, John Deere’s 130 HP Tractor, Agri-Tech Innovations, and More
CMV360 Weekly Wrap-Up (15-21 Feb 2025) covers Volvo’s road train, JBM’s e-bus order, John Deere’s 130 HP tractor, and more.
FASTag new rules: Key changes and implications you need to know
As per the new circular from NPCI, FASTag users should always ensure their account has sufficient balance.
Mahindra Opens Advanced Technical Training Facility In Kolkata
The center can train over 100 people at once and has five demonstration bays for hands-on learning.
Mahindra Logistics Partners with Indian Startups
These startups worked closely with Mahindra Logistics to test their solutions in real business situations.
California’s Electric Truck Ambitions Hit a Roadblock Under Trump
California requires truck manufacturers to sell more zero-emission heavy trucks in the state.
Ashok Leyland Wins Mother Teresa Award for Corporate Citizenship
The Mother Teresa Award, started in 1998, is a major recognition in India’s corporate sector.
MIFL Launches Financing Program for Commercial EV Fleet Operators in India
MIFL has set up a dedicated team to guide fleet operators through the financing process.
Volvo Trucks Launches Road Train Solution with High-Efficiency Features in India
The new Volvo Road Train comes with advanced features for a more comfortable and safer driving experience.
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