Scania Appoints Do Young Kim As CFO And Member Of The Executive Board
- By MT Bureau
- November 28, 2024
Swedish commercial vehicle maker has appointed Do Young as its Chief Financial Officer and Member of the Executive Board, effective immediately.
Kim brings him a wealth of industry experience. Prior to joining Scania’s sister brand ‘International’ (previously known as Navistar), he was project lead for TRATON Group’s IPO readiness and execution. He was also responsible for the overall company acquisition of International.
Leading TRATON Group’s treasury department prior to that, Kim will drive value creation from a commercial point of view without losing sight of Scania’s core values in his new role. Leveraging his experience in various leadership roles – as the CFO of Beijing Benz Automotive, Fujian Benz Automotive and Mercedes-Benz Korea – across continents, Kim will contribute to Scania's purpose of driving the shift towards a sustainable transport system.
Allianz Joins Euro NCAP Safer Trucks Programme As Associate Member
- By MT Bureau
- March 16, 2026
Euro NCAP has announced that Allianz has joined the Safer Trucks programme as an Associate Member, which combines vehicle safety assessment with commercial risk data.
The Safer Trucks programme, launched in 2024, provides safety ratings for heavy goods vehicles (HGVs). In its first two years, the initiative has assessed 30 truck models and identified safety gaps in the freight sector. Data indicates that in collisions involving HGVs, 90 percent of fatalities are occupants of other vehicles or pedestrians and cyclists. Freight transport accounts for the movement of 95 percent of goods across the EU.
Allianz operates in 70 countries and will contribute expertise on risk trends and claims data. The Allianz Center for Technology will serve as the centre for automotive technology and traffic safety to promote vehicle safety.
The involvement of insurers in safety assessments aims to inform manufacturers and fleet operators about areas for improvement. According to the programme, avoiding accidents reduces repair costs and downtime, which can lead to lower insurance premiums for fleets.
Matthew Avery, Director of Strategic Development, Euro NCAP, said, “We are delighted to welcome Allianz to the Safer Trucks programme. Their expertise in risk and casualty analysis adds a valuable new dimension to our multi-disciplinary approach. Safer Trucks is designed not only to benchmark safety performance but also to catalyse improvements in truck design and technology. By integrating risk insight from Allianz with our independent testing data, we aim to accelerate safety innovation across the commercial vehicle sector.”
Matthias Trustedt, Head of Global P&C, Allianz SE, said, “Joining Euro NCAP’s Safer Trucks initiative aligns with our commitment to reducing road risk through evidence-based insights. We believe that independent safety ratings, tied to real-world risk data, can influence both purchasing decisions and the development of safer vehicle technologies. Allianz is proud to support this important work, to help fleet operators make informed choices that protect drivers and other road users, and to offer them tailored and risk-based insurance solutions.”
Christian Sahr, MD, Allianz Center for Technology, said, “Our accident research shows that modern safety systems in trucks can significantly reduce the number of serious accidents. In addition to protecting life, avoiding accidents brings economic benefits for fleet operators because a fleet with lower repair and downtime costs is more efficient, offers better working conditions for drivers, and has significantly lower insurance premiums. Through our cooperation with Euro NCAP, we see excellent opportunities to use our combined expertise to improve the market penetration of safety systems that are already available and that contribute to accident prevention.”
Piaggio Vehicles Secures Order For 100 Ape Xtra Bada 700 From HeidelbergCement India
- By MT Bureau
- March 13, 2026
Piaggio Vehicles (PVPL), a subsidiary of the Piaggio Group, has secured an order for more than 100 units of its Ape Xtra Bada 700 cargo three-wheeler from HeidelbergCement India.
The three-wheelers will be deployed across 53 districts in Uttar Pradesh, Madhya Pradesh and Bihar. This order marks the entry of the new diesel cargo model into industrial applications.
The Ape Xtra Bada 700 features a 700 DI diesel engine, a 7-foot cargo deck and a payload capacity of 750 kg, which is the highest in the three-wheeler cargo segment. The vehicle is equipped with 12-inch radial tyres, a digital instrument cluster with a 3.5-inch LCD and an optional rear sensor for reversing.
The vehicle architecture includes a chassis and suspension geometry designed for stability and load distribution. The cabin is engineered for long-distance operation and the engine is tuned for torque and pickup. Piaggio offers a five-year warranty on the model. The company positions this three-wheeler as a replacement for entry-level four-wheeler small commercial vehicles (SCVs) due to its operating economics.
Amit Sagar, Executive Vice President, CV Domestic Business & Retail Finance, Piaggio Vehicles, said, “This flagship order from Heidelberg Cement India Limited is a strong validation of the Ape Xtra Bada 700’s disruptive capabilities. At Piaggio India, we have always believed in pushing the boundaries of innovation in the last-mile mobility segment. The Ape Xtra Bada 700 sets new industry benchmarks in engine capacity, deck size and payload, and is designed to empower customers with more productivity and superior earnings. Breaking into applications traditionally dominated by 4-wheeler SCV marks an important milestone in our journey of offering better TCO and profitability to our customers.”
- Tata Motors
- Maharashtra State Road Transport Corporation
- MSRTC
- Gujarat State Road Transport Corporation
- GSRTC
- Telangana State Road Transport Corporation
- TGSRTC
- Tata Magna
- Cityride
- Starbus
- LPO 1618
- 1622
- 1822
- Anand S
Tata Motors Secures Orders For Over 5,000 Buses From State Transport Undertakings
- By MT Bureau
- March 13, 2026
Tata Motors, one of the leading commercial vehicle manufacturers, has received orders for more than 5,000 buses and bus chassis from various State Transport Undertakings (STUs) across India. The company secured these orders through a competitive e-bidding process with deliveries scheduled to take place in phases according to agreements with the respective transport corporations.
The orders were placed by several organisations, including the Maharashtra State Road Transport Corporation (MSRTC), Gujarat State Road Transport Corporation (GSRTC) and the Telangana State Road Transport Corporation (TGSRTC), among others. The contract includes models such as the Tata Magna, Cityride and Starbus, as well as LPO 1618, 1622 and 1822 chassis variants. These vehicles are designed for intercity, long-haul and intracity operations.
The company's passenger vehicle portfolio includes vehicles ranging from 9-seater to 55-seater capacities. To support these fleets, Tata Motors provides Sampoorna Seva 2.0, a vehicle lifecycle management programme. This service includes maintenance, spare parts availability and breakdown assistance through a network of over 4,500 sales and service touchpoints.
Anand S, Vice-President and Head, Commercial Passenger Vehicle Business, Tata Motors, said, “This recognition by multiple State Transport Undertakings reflects the deep trust placed in Tata Motors’ mobility solutions. Our buses are designed to deliver comfort, safety and long‑term reliability across varied terrains and duty cycles. With strong product engineering and a lifecycle support ecosystem built around customer uptime, we continue to enable STUs to serve millions of passengers every day. These cumulative orders strengthen our position as the country’s preferred mobility partner and reinforce our commitment to shaping India’s public transport of tomorrow.”
- Cargo Matters
- Parmelee Cargo Matters Logistic Solutions
- Andhra Pradesh Industrial Infrastructure Corporation
- APIIC
- Tata Steel
- DHL
- Havells
- Umesh Padala
- P N Mahesh
- electrification
Cargo Matters Plots INR 1 Billion Investment In Andhra Pradesh To Electrify HCVs
- By MT Bureau
- March 12, 2026
New-Delhi-based tech-driven logistics company Cargo Matters (Parmelee Cargo Matters Logistic Solutions) has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish an integrated electric vehicle (EV) manufacturing and charging hub.
The project involves a total investment of INR 1 billion and focuses on the electrification of heavy commercial vehicles. The firm has submitted a Detailed Project Report (DPR) to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for 18 acres of land in Madanapalle.
The facility will include a manufacturing block for chargers, a retrofit facility for heavy vehicles, and a research and development unit for validation and certification. Half of the investment, amounting to INR 500 million, is designated for charging infrastructure to support regional heavy-duty corridors. Operations are expected to begin within 12 to 18 months, with full commissioning planned within 24 months.
The project is estimated to create 1,000 direct jobs and 3,000 indirect jobs in the region. Located near the borders of Karnataka and Tamil Nadu, the hub is situated 100 km from Bengaluru and 250 km from Chennai to facilitate logistics connectivity. The initiative aligns with the Andhra Pradesh Sustainable Electric Mobility Policy 4.0 (2024–2029).
Cargo Matters operates a fleet of more than 400 trucks across 15,000 pincodes and counts the likes of Tata Steel, DHL and Havells among its customers. The company uses data integration through the National ULIP to manage full truckload and less-than-truckload services.
The Madanapalle facility is intended to provide fleet owners with pathways to electrification through vehicle retrofitting and dedicated charging networks.
Umesh Padala, Founder & Chairman, Cargo Matters, said, "This MoU represents our commitment to practical decarbonization. While the passenger EV market is maturing, the heavy freight sector remains the final frontier. Our Madanapalle facility will provide fleet owners with a cost-effective pathway to electrification through advanced retrofitting and dedicated heavy-duty charging networks."
P N Mahesh, Director, APIIC, added, "As part of our commitment to building a green and future-ready logistics ecosystem, we are pleased that Cargo Matters has chosen Madanapalle for its upcoming hub. The project aligns with the Andhra Pradesh Sustainable Electric Mobility Policy 4.0 (2024–2029) and strengthens our ‘Green Freight’ vision. Strategically located near the borders of Karnataka and Tamil Nadu, with Bengaluru about 100 km away and Chennai around 250 km away, Madanapalle offers excellent connectivity for logistics operations. The initiative will generate nearly 1,000 direct and 3,000 indirect jobs, creating meaningful opportunities for the region’s youth."

Comments (0)
ADD COMMENT