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Euler Motor Raises INR 6.38 Billion In Series D Led By Hero MotoCorp And BII
May 19, 2025
The company aims to utilise the fund towards expanding its sales & service network, and advance new product development.
MT Bureau
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DICV Achieves Record 2,200 Bus Sales, 65.9% Export Growth And INR 22 Billion in Service Revenue
May 16, 2025
The company’s key performance highlights include record bus sales of 2,200 units, a 10.5 percent YoY growth and a 65.9 percent surge in bus exports.
MT Bureau
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GreenCell Mobility To Deploy Over 1,200 E-Buses from CESL Under PM E-Bus Sewa Scheme
May 14, 2025
The company has partnered VE Commercial Vehicles (VECV) for deploying these e-buses across 6 cities in Madhya Pradesh.
MT Bureau
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CNH Unveils 2030 Roadmap with $550M in Cost Cuts and Margin Expansion Goals
May 09, 2025
The company’s new roadmap includes ambitious targets such as achieving a 16–17 percent mid-cycle adjusted EBIT margin in agriculture by 2030 and delivering over USD 550 million in operational and quality cost improvements.
MT Bureau
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JOST Strengthens CV Business With Hvya Acquisition For $389 million
May 07, 2025
The strategic move enhances JOST’s capacity to serve India’s rapidly growing commercial vehicle market while reinforcing its position as a leading supplier for on-highway (transport) and off-highway (agriculture, construction) applications worldwide.
MT Bureau
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UK Launches National Rating Scheme to Improve Standards in Heavy Vehicle Maintenance
May 06, 2025
The scheme offers five levels—Entry, Bronze, Silver, Gold, and Platinum—providing commercial vehicle operators with a clear and independent assessment of a workshop’s competency and facilities.
MT Bureau