Ashok Leyland Delivers LNG Truck; Posts Good Q2 FY24 Performance
- By MT Bureau
- November 10, 2023

Ashok Leyland has delivered an LNG powered haulage truck –AVTR 1922 – to Mahanagar Gas Limited in Hosur (Tamil Nadu) marking yet another significant development in sustainable mobility in India.
The LNG powertrain of the truck was developed in-house and is BS VI Stage II compliant. The truck, the AVTR 1922 is based on the modular AVTR platform and shares a high degree of commonality with Ashok Leyland's existing diesel truck range. The result of this is an amount of familiarity in terms of ease of service.
Stating that Ashok Leyland’s steadfast commitment revolves around the dynamic needs of customers in the ever-evolving world of sustainable transportation, Sanjeev Kumar, President – MHCV, Ashok Leyland, mentioned that innovations in alternate energy space will not only provide eco-conscious solutions, it will also ensure long term profitability for our esteemed customers.
Of the opinion that a local supply chain must gear up for progress in the field of alternative fuels, Dheeraj Hinduja, Executive Chairman, Ashok Leyland, referred to the strong performance of the company in the second quarter of FY2023-24.
Emphasising that the robust all-round performance of Ashok Leyland during the respective quarter exemplifies its technological and cost leadership, he expressed, “While International business globally is challenged owing to the conflicts across the globe, we are intensifying our expansion strategy in our focus markets of Middle East, Africa and Asia. The Company continues to build its capabilities in alternative energy and shall be soon coming up with some exciting products and solutions.”
Confident that the rest of the two quarters of the FY2023-24 will bring further growth on the back of strong macroeconomic factors, Hinduja informed that their MHCV, ICV and bus segments have recorded good performance.
For Q2 FY2023-24, Ashok Leyland has reported revenues of INR 96.38 billion vis-a-vis INR 82.66 billion in Q2 FY2022-23, marking a growth of 17 percent. Profit After Tax (PAT) of INR 5.61 billion for the quarter grew 181 percent over same period last year.
The CV maker’s domestic MHCV volume at 29,947 units grew by 18 percent as compared to the Q2 FY2022-23 volume. LCV volumes during Q2 FY2023-24 were 16998 units – almost the same as Q2 FY2022-23 (17,040 numbers). Export volumes for the quarter (MHCV & LCV) were 2901 units, four-per cent higher despite socio-political challenges across the globe.
Witnessing good movement in the MHCV space, Ashok Leyland saw a significant increase in its bus market share making us the Number 1 bus manufacturer in India.
EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) for Q2 FY2023-24 was INR 10.80 billion (11.2 percent) as compared to INR 5.37 billion (6.5 percent) in Q2 FY2022-23. Net Debt at the end of the quarter stood at INR 11.39 billion with a Debt Equity at 0.1 time.
All other businesses of Ashok Leyland posted good growth in the current quarter. The company expanded its MHCV range by launching new products in tipper, tractor and MAV categories. The focus on expansion of distribution network continued with further addition of 47 touch points in the quarter – especially in the Northern and Eastern parts of the country.
The Board of Directors of Ashok Leyland in their meeting held today, have approved an investment of INR 12.00 billion in Switch Mobility as equity through its holding company Optare PLC, UK. The funds infused will be used for capital expenditure, R&D and meeting operational requirements both in UK and India. The funds will be infused over the next few months after necessary statutory approvals in one or more tranches.
Switch Group of Companies (Switch Mobility Ltd - UK and Switch Mobility Automotive Ltd- India) house the Electric Mobility initiative of Ashok Leyland with a focus on e-buses and e-LCVs.
Over the last few years, Switch India has had major success in garnering orders from State Transport Undertakings. As on date Switch in India and UK has over 800 buses plying successfully and has an order book of over 1200 buses.
Switch India had a successful launch of India’s only Double Decker e-Bus last year. In September 2023, the Ashok Leyland subsidiary launched its state-of-the-art e-LCVs. The company has signed MoUs of over 13000 vehicles for its much-awaited e-LCVs which it will start delivering from the fourth quarter of the current fiscal.
“Electric Vehicles especially in buses and light trucks have a very bright future as Governments and private customers are driving the green agenda. We are very happy with the progress made by Switch, and we will continue to invest on building its capabilities. We are confident that Switch will grow further in the European markets with the launch in 2024 of our new E1 12 m bus developed specifically for the European market. Our portfolio of electric buses will cover value and premium segments meeting all price points for many global markets,” Hinduja commented.
Ashok Leyland Begins Delivery of AVTR 55T E-Trucks To ASAT Logistics
- By MT Bureau
- October 15, 2025

Chennai-based commercial vehicle major Ashok Leyland has commenced deliveries of the 24 units of AVTR 55T Electric trucks to ASAT Logistics, which is the strategic logistics partner for Shree Cement.
The keys to the first batch of four trucks were handed over by Sanjeev Kumar, President - MHCV, Ashok Leyland, to Arvind Sarda, CEO, ASAT Logistics.
The trucks use lithium-ion battery technology with dual-gun charging and are compatible with industry-standard trailers and superstructures. The vehicles include a cabin, automatic transmission, telematics and a suite of Advanced Driver Assist Systems (ADAS) and safety features.
Sanjeev Kumar, said, “We are thrilled to deliver the first batch of 4 units of our AVTR 55T Electric trucks to ASAT Logistics. These trucks highlight our commitment to innovation, sustainability, and performance in the commercial vehicle sector. This partnership reflects the growing confidence in our electric mobility solutions and reinforces our position as a technology leader in the logistics ecosystem. As we continue to push the boundaries of clean transportation, we remain focused on delivering reliable, efficient, and future-ready mobility solutions.”
Arvind Sarda, said, “We have complete trust in the quality and performance of Ashok Leyland trucks. Together with Shree Cement, we embark on a journey toward a cleaner, more efficient, and sustainable future. We thank Ashok Leyland for delivering the technologically advanced AVTR 55T Electric trucks, enabling us to take further our commitment to building a sustainable and eco-friendly transportation ecosystem. With Ashok Leyland’s dedication to innovation and our forward-thinking approach to logistics for Shree Cement, we look forward to continued success on the road.”
Tata Motors Launches LPO 1822 Bus Chassis
- By MT Bureau
- October 14, 2025

Tata Motors Commercial Vehicles, one of India’s leading players in the commercial vehicle segment, has unveiled what it claims is its most advanced intercity platform yet – the all-new Tata LPO 1822 bus chassis.
The Tata LPO 1822 is said to provide a superior ride experience through its full-air suspension and low NVH (Noise, Vibration and Harshness) attributes – ensuring a fatigue-free journey for passengers and drivers alike. It is available in flexible configurations ranging from 36-seaters to 50-seaters and sleeper layouts.
Anand S, Vice-President and Head – Commercial Passenger Vehicle Business, Tata Motors Commercial Vehicles, said, “India’s intercity transport ecosystem is undergoing a transformation, driven by rising connectivity and growing passenger expectations. The Tata LPO 1822 is an advanced product – combining superior ride quality, robust engineering and intelligent features to deliver unmatched value. It is a win-win for passengers, drivers and fleet owners – elevating comfort, enhancing safety and improving profitability.”
The LPO 1822 is powered by a 5.6-litre Cummins diesel engine, which delivers 220hp and 925Nm of torque. The chassis also serves as the underpinning for the fully built Tata Magna Coach.
As part of aftersales peace-of-mind, the LPO 1822 comes with a complimentary four-year subscription to Fleet Edge, Tata Motors’ next generation connected vehicle platform, which provides real-time diagnostics, predictive maintenance and data-driven fleet optimisation.
TRATON Group Sales Drop 16% In Q3 CY2025
- By MT Bureau
- October 13, 2025

European commercial vehicle major the TRATON Group saw a 16 percent decline in unit sales YoY in Q3 of CY2025, amidst a market environment.
Based on preliminary figures, the group sold 71,400 vehicles in Q3 CY2025, down from 85,300 in the same quarter last year. Unit sales for the first nine months of 2025 amounted to 224,500 vehicles, a 9 percent decrease. Sales of all-electric vehicles rose by 55 percent in the quarter to 820 units.
Scania Vehicles & Services recorded a 1 percent drop in unit sales in Q3 CY2025. Sales in Europe offset decreasing unit sales in Brazil, where the market continues to have high dealer inventory levels and rising interest rates.
MAN Truck & Bus increased its unit sales by 24 percent in Q3 CY2025. Truck sales increased YoY despite the European truck market. Sales of buses and MAN TGE vans supported the increase.
International Motors saw a 57 percent decrease in unit sales compared to the prior-year quarter, when a delivery backlog caused by a plant fire was resolved. The US truck market remains weak, with tariff-related uncertainties and a freight recession continuing.
Volkswagen Truck & Bus (VWTB) recorded a 4 percent decrease in unit sales in Q3 CY2025. The slowdown in the Brazilian market is impacting VWTB, although South American markets such as Argentina, Chile, Colombia and Peru show trends of growth. VWTB increased unit sales by 3 percent in the first 9-months of 2025 due to a strong Q1.
Brand | Q3 2025 Unit Sales | Change | 9M 2025 Unit Sales | Change |
TRATON GROUP | 71,400 | –16% | 224,500 | –9% |
Scania Vehicles & Services | 21,500 | –1% | 68,400 | –8% |
MAN Truck & Bus | 24,600 | 24% | 71,700 | 4% |
International Motors | 13,400 | –57% | 48,000 | –28% |
Volkswagen Truck & Bus | 11,900 | –4% | 36,700 | 3% |
- Tata Motors
- Tata Motors Commercial Vehicles
- Tata Prima E.55S
- Rajesh Kaul
- Enviiiro Wheels Mobility
- Praveen Somani
- Inland World Logistics
Tata Motors Begins Delivery Of Electric Prime-Mover To Enviiiro Wheels
- By MT Bureau
- October 09, 2025

Tata Motors Commercial Vehicles has commenced delivery of the Tata Prima E.55S battery electric prime-mover to Enviiiro Wheels Mobility, a provider of commercial transport solutions for the power, mining, cement and steel sectors.
The first batch of the fleet was handed over today in Chittorgarh, Rajasthan. The heavy-duty, zero-emission trucks will transport minerals and ores.
The Prima E.55S features an integrated e-axle and regenerative braking for range. The vehicle offers a range of up to 350 km on a charge. It includes a 3-speed Auto Shift transmission with an e-axle for efficiency and performance and dual gun fast charging capability.
Safety features include a Driver Monitoring System, Lane Departure Warning, Tyre Pressure Monitoring System and Cruise Control, along with an Electronic Braking System and ADAS features. The Prima cabin includes a pneumatically suspended seat and tilt-and-telescopic steering wheel to boost driver productivity.
Praveen Somani, Managing Director, Enviiiro Wheels Mobility and Director, Inland World Logistics, said, “As a young company committed to making logistics sustainable, the addition of Tata Motors Commercial Vehicles’ advanced electric prime movers to our fleet marks a defining step towards decarbonised operations. With zero emissions, superior performance, and advanced safety and comfort features, the Prima E.55S is an ideal choice to support our customers’ net zero goals. Backed by Tata Motors Commercial Vehicles’ proven after-sales ecosystem, we are confident of building a future-ready fleet that sets new benchmarks in clean and efficient mineral and ore transportation.”
Rajesh Kaul, Vice-President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, "We are delighted to deliver the first batch of Prima E.55S electric prime movers to Enviiiro Wheels Mobility. As the market leader in the trucks segment, Tata Motors Commercial Vehicles is proud to lead India’s transition to sustainable freight with advanced solutions. These robustly engineered vehicles align closely with Enviiiro Wheels’ sustainability goals, advancing greener operations while delivering long-term value.”
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