- JOST Werke
- Hyva
- Pradeep Gorur Sheshagiri
- Jeffrey Zuidgeest
- Rockinger
- Tridec
- Mercedes-Benz TrailerAxleSystems
- Alö
- Crenlo do Brasil
- LH Lift
JOST Strengthens CV Business With Hvya Acquisition For $389 million
- By MT Bureau
- May 07, 2025
German component company JOST Werke, a leading supplier of safety-critical systems for commercial vehicles, has further strengthened its foothold in the industry with the acquisition of Hyva for USD 398 million.
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.
Hyva’s portfolio includes front-end tipping cylinders and supplies a full range of double-acting cylinders, container lifting systems (hookloaders and skiploaders), waste handling solutions (refuse collection bodies and compactors), and truck-mounted crane, whichs will further complement JOST’s comprehensive range of products for on-highway applications in the transport industry as well as off-highway applications in the agriculture and construction industries.
With this, JOST will strengthen its regional presence, particularly in Asia and the Americas, along with entering new market segments.
Pradeep Gorur Sheshagiri, Managing Director, JOST India, said, “As India’s automotive component sector evolves into a pivotal growth driver, this acquisition aligns perfectly with the nation’s focus on infrastructure modernization and sustainable mobility. Hyva’s hydraulic expertise empowers us to accelerate ‘Make in India’ ambitions, deliver tailored solutions for rugged Indian operating conditions, and strengthen collaborations with domestic OEMs. This partnership reinforces our commitment to advancing India’s commercial vehicle ecosystem with globally benchmarked technologies.”
Jeffrey Zuidgeest, Regional Director India, BU Components, Hyva, added, “The integration of JOST and Hyva’s product portfolios creates a significantly broader range of solutions, enabling us to better serve our customers and end users. Leveraging our existing sales and after-sales network, we are well-positioned to drive further growth and enhance service excellence. This strategic synergy represents a win-win situation for all stakeholders.”
The partners will also pool together R&D to further provide customer-centric solutions. In the last 70 years, JOST has grown from a small forge into a global company with over 25 locations through strategic acquisitions such as Rockinger (2001), Tridec (2008), Mercedes-Benz TrailerAxleSystems (2014), Alö (2020), Crenlo do Brasil (2023) and LH Lift (2023).
Montra Electric Launches E-27 Tractor At INR 1.07 Million
- By MT Bureau
- November 27, 2025
Montra Electric, the clean mobility brand of the Murugappa Group, has marked its entry into the northern markets with the Montra Electric E-27 tractor at the EIMA Agrimach India 2025 exhibition.
The E-27 is stated to be India’s first ARAI-certified electric tractor and delivers 27 HP equivalent power and 90 Nm torque through a high-efficiency PMSM motor, enabling performance in plowing, tilling, spraying and haulage. The e-tractor comes with 2WD and 4WD drivetrain options.
The E-27 is now available for purchase in 17 dealerships across 10 states, with prices starting from INR 1.07 million (ex-showroom).
Its 22.37 kWh LFP prismatic-cell battery pack offers a runtime of approximately 4.5 hours with a charging time of 2.15 hours. The E-27 is ARAI certified, confirming its compliance with national standards for safety, reliability and performance.
The tractor features an 8F + 2R side-shift transmission, a dual-speed PTO (540 and 1000 rpm) and a 720 kg hydraulic lifting capacity. Economically, the E-27 reduces operating costs by up to 70 percent due to no diesel consumption and lower maintenance requirements, resulting in lifetime savings nearing INR one million compared to conventional diesel models. The quiet operation and reduced vibration improve operator comfort.
Harish Prasad, CEO, Montra Electric Tractors, said, “The expansion into the northern markets with our Montra Electric E-27 tractor is a pivotal milestone for us and a major step in India’s clean-mobility and agricultural transformation. Agriculture is the largest consumer of tractors, which makes electrification essential for achieving meaningful sustainability at scale. The E-27 reflects our broader vision of building clean, accessible, and future-ready mobility solutions. By bringing zero-emission technology to India’s farmlands, we are aligning our mission of sustainable mobility with the nation’s long-term environmental and economic priorities. Farmers can now embrace cutting-edge technology without compromising productivity, while substantially reducing their total cost of ownership.”
Piaggio Launches Ape Xtra Bada 700 And Ape Xtra 600 Diesel Cargo Three-Wheelers
- By MT Bureau
- November 20, 2025
Piaggio Vehicles, a subsidiary of the Piaggio Group, has launched two new diesel cargo three-wheelers in India – the Ape Xtra Bada 700 and the Ape Xtra 600 priced at INR 345,000 and INR 288,000 (ex-showroom Maharashtra), respectively.
The new three-wheelers are designed to strengthen the company’s position in the last-mile cargo sector and compete with entry-level four-wheel cargo small commercial vehicles (SCVs).
The Ape Xtra Bada 700 introduces features intended to set new industry standards in the three-wheeler cargo category. It features the company's 700 DI diesel engine, providing pulling power and enhanced torque. The vehicle debuts India's first 7 feet cargo deck, allowing for larger and longer loads. It offers a segment-best 750 kg payload capacity, the largest in any three-wheeler cargo vehicle. Other features include a new platform, a digital cluster, 12-inch radial tyres, a new cab and an industry warranty of five years.
The new Ape Xtra 600 features Piaggio's newly developed 600 DI diesel engine, offering improved mileage, better gradeability, and enhanced load-carrying performance. The vehicle is positioned as a reliable and efficient option at an accessible price point.
Diego Graffi, Chairman & Managing Director, Piaggio Vehicles, said, “At Piaggio India, we have always believed in pushing the boundaries of innovation in the last-mile mobility segment. The Ape Xtra Bada 700 is a landmark product that disrupts the cargo 3-wheeler category with industry-first features in engine capacity, deck size and payload. It is designed to empower customers with more productivity and superior earnings. Alongside, the Ape Xtra 600 continues our commitment to delivering efficient, high-value solutions. With these new diesel cargo products, we strengthen our Ape legacy and reiterate our focus on customer-centric engineering.”
Amit Sagar, Executive Vice-President, CV Domestic Business & Retail Finance, Piaggio Vehicles, added, “Cargo mobility demands are changing rapidly, with customers expecting higher power, higher payload, better comfort, and stronger performance. The Ape Xtra Bada 700 addresses all these needs with a fresh, powerful new platform and several industry-firsts that directly enhance profitability for customers. It provides the most efficient, economical, and affordable option for a Cargo 3W and provides a compelling alternate to the four-wheeler cargo vehicles with an advantageous Opeco and TCO. The Ape Xtra 600 also brings improved capabilities to our strong diesel cargo portfolio. We are confident that these products will further strengthen our leadership in the cargo three-wheeler market.”
IVECO S-Way CNG Truck Achieves 1,000km Range On Single Refill
- By MT Bureau
- November 20, 2025
IVECO, a manufacturer in alternative propulsion, has demonstrated the endurance of its gas-powered heavy vehicles with the IVECO S-Way CNG truck travelling over 1,000 kilometres on one refill of compressed natural gas (CNG).
The test was carried out under real-world conditions by French journalists Fabien Calvet and Loic Fieux, driving between the Belgian and Spanish borders. The tractor unit towed a loaded curtain-sided semi-trailer with a gross combination weight of 30 tonnes, confirming the S-Way CNG’s efficiency and viability for daily operations. The result showed an average consumption of below 21 kg / 100 km over the distance, combined with quick refuelling.
The truck's gas engine is said to have delivered smooth, responsive and quiet performance, with handling comparable to a diesel model. The journalists noted the vehicle's high-performance engine brake and intarder hydraulic retarder offered strong braking, while the full air suspension enhanced driving comfort.
The model tested uses the xCursor 13 engine by FPT Industrial, producing 500 hp and 2,200 Nm of torque. This engine is designed to meet future Euro VII emissions standards and is paired with a second-generation ZF TraXon 12-speed automated gearbox.
The vehicle was equipped with new 620-litre tanks, providing a total capacity of 1,240 litres equivalent to at least 190 kg of CNG. This capacity represents an 18 percent increase over the previous generation.
IVECO utilised multiple systems to maximise fuel efficiency:
- Predictive GPS systems worked to recover kinetic energy on downhill sections and adjust engine speed ahead of climbs.
- Intelligent energy management features, including a controlled alternator and a dis-engageable air compressor, ensure energy is only consumed when necessary.
- Aerodynamic improvements such as deflectors, side fairings and mirror-cams help to reduce drag.
The gas-powered trucks offer a transport solution that is both sustainable and cost-effective, supported by an established European refuelling network. Operators can utilise the approximately 4,300 bioLNG and 800 BioCNG stations currently in operation.
When running on biomethane, which is produced from organic waste, the trucks can reduce carbon dioxide (CO2) emissions by an average of 95 percent, alongside lower fine particle and nitrogen oxide emissions compared to diesel. The European gas refuelling network is set to expand further, with 50 new stations scheduled to open in 2026.
- Daimler India Commercial Vehicles
- DICV
- Torsten Schmidt
- Satyakam Arya
- Hino Motors
- Mercedes-Benz do Brasil
- Daimler Truck Asia
- Mercedes-Benz Trucks
- Achim Puchert
Torsten Schmidt Succeeds Satyakam Arya As New Boss Of Daimler India Commercial Vehicles
- By MT Bureau
- November 13, 2025
Chennai-based Daimler India Commercial Vehicles has announced the appointment of Torsten Schmidt as its new CEO. He is set to succeed Satyakam Arya, who has been nominated as the designated President and CEO of Hino Motors in Japan.
Schmidt, currently CFO of Mercedes-Benz do Brasil, has been with Daimler since 1997. Over the course of nearly three decades, he has held various roles across Germany, India, Japan and Brazil, having led teams across sales and central function at Daimler Truck, Mercedes-Benz Trucks and Daimler Truck Asia.
Achim Puchert, CEO Mercedes-Benz Trucks: “Torsten is an experienced and respected leader whose global and intercultural expertise are matched by a proven ability to deliver results. His strong leadership qualities, strategic vision, financial proficiency, and comprehensive knowledge of the entire value chain make him the perfect fit for his new role and to drive our business forward. My heartfelt thanks go to Satyakam - an outstanding leader with exceptional expertise in commercial vehicle operations and a deep commitment to customer success. Satyakam has been a driving force behind Daimler India Commercial Vehicles’ success and together with his team he has established a solid footprint. We wish him all the best in his new role.”
In his new role, Torsten Schmidt will report to Achim Puchert, CEO of Mercedes-Benz Trucks.

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