Montra Electric eM&HCV, the electric commercial vehicle brand of the Murugappa Group, made a significant stride in India’s clean mobility transition today with the launch of its new 55-tonne electric truck – the Rhino 5538 EV 4x2 TT.

The unveiling took place at the company’s new eM&HCV manufacturing facility in Manesar, Haryana. The event also marked the inauguration of India's first all-women monitored, fully Automated Battery Plant and a new eM&HCV conveyor line equipped with Automated Guided Vehicles (AGVs).

The new Rhino 5538 EV 4x2 TT is designed for long-haul freight and will be available in two variants: one with a standard fixed battery pack and another offering a battery-swapping option. The fixed-battery variant is priced at INR 11.5 million (ex-factory).

The most crucial announcement was the commercial launch of the 'Battery Swap' solution for the Rhino 5538 EV 4x2 TT and the existing 6x4 TT models. This technology aims to tackle one of the primary hurdles in commercial EV adoption: charging downtime. The company claims the swap process takes less than 6 minutes, a stark contrast to the over one hour required for conventional fast charging.

The battery swap station boasts a 7+1 configuration and advanced automation, built to handle over 160 swaps per day at peak utilisation. Its drive-through design allows tractor-trailers to move in and out seamlessly, enhancing operational efficiency for large fleets.

The new 55-tonne e-truck is powered by a 282 kWh LFP battery, delivering 380 HP and 2000 Nm torque, with a claimed range of nearly 198 km on a single charge under standard test conditions. The vehicle features a 6-speed AMT transmission and is backed by an extended 10-year/900,000 km AMC contract, including a 95 percent uptime guarantee.

M A M Arunachalam (Arun Murugappan), Chairman, Montra Electric (TI Clean Mobility), said, "At Montra Electric, we are building products and services that directly address the biggest hurdles in commercial EV adoption. With innovations like battery swapping for heavy-duty trucks and purpose-built platforms across segments, we are making clean mobility seamless, reliable and economically viable for fleet operators. This approach strengthens our vision of building a full-spectrum sustainable mobility ecosystem. Each step we take is designed to accelerate India’s shift towards cleaner logistics, ensuring that sustainable mobility becomes the norm rather than the exception."

The expansion builds on the success of Montra Electric’s first heavy-duty electric truck, the 6x4 TT, which has already clocked over 12 million kilometres in two years.

Jalaj Gupta, Managing Director, Montra Electric (TI Clean Mobility), said, “It is a milestone in Montra Electric’s journey of putting India firmly on the global map of sustainable mobility with the introduction of battery swapping technology. Launch of the Rhino 5538 EV 4x2 TT, in one of the largest industry segments, demonstrates our commitment to innovation, localisation and sustainability.”

“All the new additions to our manufacturing facility, automated battery plant, battery swap technology and the conveyor line integrated with Automated Guided Vehicles (AGVs), will collectively unlock greater efficiency, reliability and localization. These advancements position India to take significant strides in driving innovative, technology-led, clean freight solutions. With the government’s thrust through initiatives like the PM E-DRIVE scheme, the adoption of e-trucks is set to accelerate rapidly,” added Gupta.

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In a strategic commitment to cultivating advanced technical expertise in South India, Eicher (VE Commercial Vehicles Limited) has established a long-term Regional Competency Development Centre at VNR Vignana Jyothi Institute of Engineering & Technology (VNR VJIET) in Hyderabad. This significant investment underscores Eicher's dedication to fostering industry-ready talent and enhancing the practical skills of its own workforce and network. The centre, inaugurated for an initial 10-year term, represents a core component of Eicher's vision for collaborative innovation and sustainable skill development within the automotive sector.

The newly inaugurated facility is equipped with a comprehensive range of operational vehicles, including diesel and electric models, alongside specialised diagnostic equipment and cut models of vital automotive systems. This infrastructure is designed to provide immersive, hands-on learning for Eicher employees and dealer partners from the Telangana and Andhra Pradesh regions. Furthermore, it creates a vital bridge to academia, offering students and faculty from key engineering disciplines direct exposure to current industry technologies and real-world automotive systems within their academic environment.

This initiative is fundamentally driven by Eicher’s objective to support sustained knowledge advancement and create a robust pipeline of skilled professionals. By enabling structured training on modern vehicle technologies, the partnership actively contributes to shaping the future of the automotive industry. It reflects Eicher's proactive approach to integrating industry practice with engineering education, thereby strengthening the ecosystem that supplies the next generation of engineers and technicians.

D Suresh Babu Garu, President, Vignana Jyothi, said, “Being selected by a global automotive leader such as Volvo–Eicher to host a Regional Competency Development Centre is a strong validation of VNR VJIET’s focus on industry-aligned education. This collaboration strengthens our commitment to providing students with the best facilities, real-world exposure and future-ready skills that meet national and global standards.”

Sumit Diwan, National Head – Customer Care, VE Commercial Vehicles Limited, said, “This Centre reflects our long-term approach to capability building and talent development. By investing in advanced infrastructure at VNR VJIET and training students alongside our workforce, we are creating a strong pipeline of skilled engineers equipped for evolving automotive and electric mobility technologies. We plan on hiring students from Automobile Engineering (AE) department and encourage greater participation of female students in the recruitment process.”

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BillionElectric Mobility (BillionE) has raised USD 25 million in a growth capital round consisting of equity and debt. The funding was provided by a consortium of family offices, ultra-high-net-worth individuals and financial institutions, including the State Bank of India (SBI).

The capital is intended to transition the company from deployments to commercial operations in electric freight. A portion of the funds will support the rollout of 500 electric trucks during the FY2026-27.

BillionE Mobility currently maintains a pipeline of over 1,500 electric trucks planned for the next three years to meet demand from industrial customers.

The fleet will serve logistics for sectors including cement, automotive, metals, and e-commerce. These industries are targeted due to predictable routes and high utilisation levels, which facilitate the transition to electric vehicles.

BillionE Mobility is executing a strategy across freight corridors. These routes are being electrified by CHARGE ZONE, an affiliated company providing the charging network for the fleet. The integration aims to deliver operational efficiencies and reductions in emissions across industrial clusters.

Sanjeev Kulkarni, CEO and Co-Founder, BillionE Mobility, said, “This fundraise comes at a defining moment for electric commercial mobility in India. We are moving beyond pilots to scaled, real-world deployments where execution, reliability, and economics matter most. The capital will allow us to accelerate fleet expansion, strengthen operational readiness, and deepen partnerships with customers committed to decarbonising their logistics. Our vision is to make electric trucking a mainstream, dependable, and commercially viable choice for India’s freight ecosystem.”

Kartikey Hariyani, Founder and Chief Platform Architect of BillionE Platform, added, “I am personally indebted and grateful to our existing and new shareholders backing our vision of an Energy Transition platform enabled by electric mobility in commercial segments. Currently we are on a growth path of 120 percent on YoY basis and would like to maintain this momentum in coming months and years. Fortunately, EV trucking has achieved the total cost of ownership (TCO) at par with diesel on specific routes and use cases, especially 19T and 55T category, and this is indeed a huge boost.”

The company intends to use the investment to capture a share of the commercial vehicle market while lowering carbon intensity in freight logistics.

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Sonalika Tractors is celebrating its 30th anniversary, marking its transition from a local business in Hoshiarpur, Punjab, to a USD 1.1 billion global entity. The company is currently ranked as the third-largest tractor manufacturer in India and the fifth-largest globally.

Founded in 1996 by LD Mittal and his sons, Dr A. S. Mittal and Dr Deepak Mittal, the company began by manufacturing agricultural threshers before entering the tractor market. Sonalika adopted a strategy of customising machinery for specific soil and regional conditions rather than following industry standardisation. Since 2011, the company has utilised vertical integration, manufacturing its own engines, transmissions and sheet metal aggregates in-house.

Technical milestones of the brand include:

• Production Capacity: The Hoshiarpur facility was expanded in 2017 to become a fully integrated plant capable of producing one tractor every two minutes.
• Product Range: The company develops over 2,000 models ranging from 20 HP to 120 HP.
• Export Leadership: Sonalika has been India's leading tractor export brand for seven consecutive years, holding a 30 percent market share in exports. Every third tractor exported from India is manufactured at its Hoshiarpur facility.
• Global Presence: The brand operates in over 150 countries and owns six assembly plants internationally.

In 2022, Sonalika became the first Indian tractor manufacturer to publish vehicle prices on its website, followed by the publication of service costs in 2025.

Going forward, the company intends to increase its production capacity to 300,000 tractors per year. Future plans include the integration of digital platforms and connected diagnostics to manage farmer engagement and vehicle maintenance.

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Caterpillar has announced an expanded collaboration with Nvidia to develop AI-enhanced solutions for machines, manufacturing facilities and supply chains. The partnership focuses on applying physical AI to heavy equipment to assist with autonomy and site management.

The automaker is utilising the Nvidia Jetson Thor platform to enable real-time AI inference on its construction, mining and power equipment. This technology provides a foundation for autonomous operations and in-cab assistance. Machines will process sensor data via edge computing to provide safety alerts, productivity tips and real-time coaching to operators. In mining and construction environments, these systems are designed to process data points in milliseconds to navigate changing jobsite conditions.

At CES 2026, the company debuted the Cat AI Assistant, a tool embedded in digital and onboard products. Built using Nvidia Riva speech models, the assistant uses voice activation to help users manage equipment settings, perform troubleshooting and access maintenance information. The system draws from Caterpillar’s Helios unified data platform to provide context-specific recommendations to dealers and customers.

Caterpillar is also implementing an Nvidia AI Factory to automate manufacturing processes, including forecasting and production scheduling. The company is developing digital twins of its factories using Nvidia Omniverse and OpenUSD. These virtual models allow engineers to simulate and optimise factory layouts and production flows before physical implementation.

Joe Creed, CEO of Caterpillar, said, “As AI moves beyond data to reshape the physical world, it is unlocking new opportunities for innovation – from job sites and factory floors to offices. Caterpillar is committed to solving our customers’ toughest challenges by leading with advanced technology in our machines and every aspect of business. Our collaboration with Nvidia is accelerating that progress like never before.”

Jensen Huang, Founder and CEO, Nvidia, said, “For a century, Caterpillar has built the industrial machines that shaped the world. In the age of AI, Nvidia and Caterpillar are partnering across the full spectrum – from autonomous construction fleets to the AI data centres powering the next industrial revolution.”

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