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Tata Motors bags contracts for supplying over 3,400 e-commercial vehicles
Tata Motors has secured orders for over 3,400 electric commercial vehicles across small commercial vehicles, trucks and buses, marking one of the largest recent order wins in India's electric commercial mobility segment.
Tata Motors shares jump 2% after receiving order for 3,400 electric commercial vehicles
Tata Motors share price gained over 2% following a significant order for over 3,400 electric commercial vehicles, signaling a major shift towards electric mobility in India's transport sector. The orders span various vehicle types and industries, demonstrating growing customer trust. This expansion, supported by a robust EV portfolio and extensive operational experience, highlights the increasing adoption of electric solutions for freight, logistics, and passenger transport.
Tata Motors Secures Over 3,400 Orders For Electric Commercial Vehicles Across Segments
TATA Motors' orders comprise around 2,000 small commercial vehicles and pick-ups, 900 trucks, and 500 buses.
From buses to trucks, Tata Motors lands 3,400 EV orders across segments
Tata Motors has secured a significant boost with over 3,400 electric commercial vehicle orders, marking a major leap in India's zero-emission transport. These orders, covering small commercial vehicles, trucks, and buses, highlight growing business and public transport confidence in electric mobility for diverse applications like e-commerce, logistics, and heavy industries. This surge signals a strong shift towards sustainable transportation solutions across the nation.
Tata Motors secures over 3,400 electric commercial vehicle orders
Tata Motors has secured over 3,400 orders for electric commercial vehicles, signaling a significant shift in India's fleet operator adoption. These orders span across small commercial vehicles, trucks, and buses, destined for diverse sectors like e-commerce and logistics. This surge indicates a move beyond pilot projects towards large-scale integration of electric vehicles into daily commercial operations, with Tata Motors expanding its comprehensive EV solutions.
India's passenger vehicle sales expected to grow 4-6% in FY27: Report
Passenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the enduring popularity of utility vehicles. Last fiscal saw robust wholesale and retail growth. While rising fuel costs and monsoon concerns loom, utility vehicles continue to lead, and electric vehicle adoption is also gaining significant traction.
Reliance New Energy prepares battery-swapping rollout for EV two-wheelers in logistics, delivery segment
Reliance New Energy is set to launch battery-swapping services for electric two-wheelers. This move targets the delivery and logistics sector. The company has secured necessary certifications for batteries and vehicles. Initial trials will occur within Reliance's own fleet. A wider commercial rollout is anticipated by FY27. This initiative supports Reliance's clean energy and electric mobility goals.
E-Ambulances will get up to 35% PM E-DRIVE subsidy
The government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 electric ambulances over fiscal 2026-27 and 2027-28. The PM E-DRIVE Scheme aims to boost electric vehicles. This includes buses, trucks, and charging stations. The initiative supports patient transport and life support vehicles.
Exide to balance lead-acid strength with lithium-ion push
Exide Industries is strategically expanding into lithium-ion cell manufacturing to support India's energy transition. The company will continue its strong lead-acid battery business. Exide Energy Solutions Ltd is engaging with manufacturers for electric vehicles and energy storage. India's lithium-ion battery demand is projected to grow significantly by 2030, driven by electric mobility.
EV industry seeks financing, payment security support to drive adoption
Electric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicles and boost local production. Industry leaders met with Union Minister HD Kumaraswamy to discuss challenges. They also want more charging stations and faster approvals for new technologies. The minister assured support for the EV sector's growth.
Tesla opens first Telangana experience centre, brings 2026 Model Y range to Hyderabad
Tesla has opened its fifth Experience Centre in India, located in Hyderabad. This new facility showcases the 2026 Model Y Premium Rear-Wheel Drive and the Model Y L. Customers can explore these electric vehicles from June 17. Tesla is also offering delivery and after-sales services from its Bollaram facility to support customers in Telangana.
EIM and Paradeep Parivahan commence deployment of electric heavy-duty trucks for UltraTech Cement
Energy In Motion (EIM) and Paradeep Parivahan (PPL) have commenced the deployment of approximately 45 EIM Ashwa 4x2, 55-tonne electric heavy-duty vehicles for UltraTech Cement.