Mumbai-headquartered Tata Motors has reported its domestic commercial vehicle (CV) sales of 107,918 units for Q3 FY2026, which marks an 18 percent YoY growth, as compared to 91,260 units sold last year.

For December 2025, domestic CV sales stood at 40,057 units, up 24 percent YoY, over 32,369 units sold a year ago.

On the other hand, the company sold 2,451 units in the international market, up 63 percent YoY.

Girish Wagh, MD & CEO, Tata Motors, said, “The sales momentum ignited by GST 2.0 and the festive surge in Q2FY26 continued into Q3FY26, driving growth and lifting overall sentiment of the commercial vehicles industry. Tata Motors registered double-digit sales growth in Q3FY26, powered by a strong rebound in construction and mining activity post the extended monsoon, along with sustained demand from core sectors and auto logistics. Continued strength in SCVs and Pickups further amplified performance, resulting in wholesales of 115,577 units, with 21 percent YoY  growth over Q3FY25 and 22 percent sequential growth over Q2FY26. Going forward, we expect demand to strengthen in Q4FY26 across most commercial vehicle segments. Key drivers in 2026 will include the government’s sustained infrastructure push and expansion in end-use sectors, both of which are expected to fuel positive momentum for the industry. With an optimised portfolio ensuring superior product availability, a decisive pricing strategy, and deeper customer engagement through intensified market activations, Tata Motors is well-poised to unlock demand across segments, paving the way for continued success.”

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Mumbai-headquartered commercial vehicle major Tata Motors has secured orders for more than 3,400 electric commercial vehicles (eCVs), covering freight, logistics and passenger mobility sectors. The orders include approximately 2,000 small commercial vehicles (SCVs) & pick-ups, 900 trucks and 500 buses.

The eCVs will be deployed across industries, including e-commerce, logistics, FMCG, FMCD distribution, intra-city transport, mining and inter-city passenger travel.

The company stated that electric mobility in commercial vehicles is shifting from early adoption to large-scale deployment in India, with usage expanding across segments and real-world applications.

Tata Motors stated that it is leading this transition with the widest portfolio of electric commercial vehicles, supported by an enabling ecosystem that ensures electrification is both practical and profitable. Beyond vehicles, the company is partnering closely with fleet owners and customers to optimise performance, uptime, charging and financing across the entire lifecycle. As adoption of electric commercial vehicles deepens, Tata Motors remains focused on delivering customised, end-to-end solutions that enable customers to transition confidently and seamlessly to zero-emission mobility.

Portfolio Expansion

Over the past 12 months, Tata Motors has expanded its eCV portfolio to include Ace Pro EV, Ace EV, and Intra EV for distribution in the Small Commercial Vehicles segment.

Ultra EV range (7-12T), Prima EV 55T tractor and Prima EV 28T tipper in the Intermediate and Heavy-Duty segment. For passenger mobility, it has introduced the Starbus EV and Ultra EV buses.

Till date, Tata Motors has over 3,800 electric buses in operation, which have covered a cumulative distance of more than 550 million kilometres. Additionally, there are over 17,000 Tata eSCVs on the road.

To support the adoption of these vehicles, the company has established a charging network through partnerships with over 14 charge point operators, alongside financing solutions, fleet management tools via Fleet Edge and uptime assurance programmes.

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Prawaas 5.0, India’s premier multimodal passenger mobility event, is scheduled to take place from 9–11 July 2026 at the Helipad Exhibition Centre (HEC) in Gandhinagar, Gujarat.

Guided by the central theme, ‘Towards Safe, Smart & Sustainable Public Transport,’ the flagship event will gather government authorities, fleet operators, original equipment manufacturers (OEMs), technology developers and investors to accelerate the adoption of integrated, efficient and environmentally responsible public transit systems.

The 5^th edition of the event is organised by the Bus and Car Operators Confederation of India (BOCI) and is hosted by the Akhil Gujarat Pravasi Vahan Sanchalak Mahamandal and co-hosted by both the Gujarat Luxury Cab Owners Association and the Gujarat Tourist Vehicles Operators Association. MM Activ Sci-Tech Communications serves as the event curator.

As India's transit sector undergoes a structural transformation driven by electrification, regulatory safety updates, and digital network integration, Prawaas 5.0 aims to serve as a catalyst for fostering dialogue between state transport undertakings, central policymakers and private fleet operators.

The event will also showcase intelligent transport systems (ITS), digital ticketing frameworks, AI-driven fleet telematics and clean-energy mobility solutions.

It provides an on-ground platform for new vehicle product launches, strategic business matchmaking and infrastructure investment.

Building upon its previous editions, the three-day convention is projected to secure comprehensive representation from all 36 Indian States and Union Territories. The last edition attracted over 15,000 industry professionals, more than 10,000 bus & car operators and featured over 300 leading mobility companies.  The event was attended by more than 1,500 delegates, supported by over 60 expert speakers across technical panels and industry conferences.

The large-scale exhibition will serve as an interactive arena for stakeholders across the commercial mobility value chain to address current operating challenges, such as unit economics and infrastructure constraints, while establishing partnerships to modernise India's passenger transport network.

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Tata Motors, one of India’s largest commercial vehicle manufacturers, has launched the all-new Intra V40 small commercial vehicle (SCV).

Engineered for high-load last-mile applications, the Intra V40 integrates a CNG and petrol bi-fuel powertrain designed to reduce operating costs and provide fuel flexibility across diverse transport routes.

The Intra V40 is built upon a hydroformed chassis to maximise structural strength, stability and vehicle refinement under heavy loading conditions. It features a best-in-class payload capacity of 1,525 kg alongside a 2,960 mm (9.7 ft) long load body to maximise volumetric cargo capacity.

It is powered by a 1.2-litre engine that generates 58 bhp of maximum power and 106 Nm of maximum torque. The SCV comes with a 110-litre CNG tank for extended operational range, paired with a bi-fuel architecture to ensure continuous operation across varying fuel availability zones.

The Intra V40 features a modern walk-through cabin, car-like driving dynamics and front disc brakes to enhance driver comfort and vehicle control during extended operating shifts.

The addition of the Intra V40 establishes a comprehensive bi-fuel and electric product matrix for Tata Motors in the SCV and pickup categories. The company’s alternate fuel options now span multiple payload points across both bi-fuel/CNG range – Ace Pro Bi-fuel, Ace CNG 2.0, Intra V20 Gold and all-new Intra V40. And the electric vehicle range consists of Ace Pro EV, Ace EV 1000 and Intra EV Pickup.

To support fleet operators, the Intra V40 comes integrated with Tata Motors’ standard digital and service ecosystem. This includes Sampoorna Seva 2.0 for end-to-end vehicle lifecycle support and the Fleet Edge telematics platform, which provides real-time operational insights, predictive maintenance tracking, and fleet uptime optimisation.

Pinaki Haldar, Vice-President & Business Head – SCVPU, Tata Motors, said, “The shift towards alternate fuels in last-mile cargo transport is accelerating, driven by the need for lower operating costs and greater flexibility. Tata Motors is at the forefront of this transition, with a clear focus on building the strongest and most comprehensive alternate fuel portfolio in the small CV and pickup segment. With the all-new Intra V40, we further strengthen our bi-fuel range and consolidate our leadership in alternate fuel mobility, while our expanding electric portfolio supports a calibrated transition towards greener last-mile transportation.”

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Piaggio Vehicles (PVPL), a wholly owned subsidiary of Italy's Piaggio Group, has signed a Memorandum of Understanding (MoU) with the State Bank of India (SBI) Lucknow circle. The strategic partnership is designed to leverage the Uttar Pradesh Government’s CM Yuva Yojna, a flagship initiative targeting employment and self-reliance for 150,000 youth across the state through small business ownership.

The agreement was signed by Amit Sagar, Executive Vice-President for CV Domestic Business and Retail Finance at PVPL and Vibhash Kumar, Deputy General Manager at SBI.

Under the collaboration, SBI’s network of over 1,600 branches across central and eastern Uttar Pradesh will provide retail financing solutions for Piaggio’s entire three-wheeler portfolio, encompassing both Internal Combustion Engine (ICE) and Electric Vehicle (EV) platforms.

The credit structure, operating under the combined guidelines of the state-level CM Yuva Yojna and federal Mudra schemes, targets eligible youth entrepreneurs aged 25–40 years. The partnership introduces financial terms to lower the total cost of ownership:

• Interest Structure: zero percent interest loans enabled by a 100 percent government interest subsidy.
• Loan-to-Value Ratio: Funding coverage spanning 85 percent to 90 percent of the total vehicle cost.
• Repayment Profile: A fixed four-year repayment tenure with no external guarantor requirements.
• Capital Incentives: Full refund of the initial margin money upon successful completion of the loan repayment cycle.

To streamline the onboarding process, Piaggio India will set up dedicated CM Yuva Help Centres across its authorised dealership network in Uttar Pradesh. These walk-in centres are designed to offer application guidance, documentation verification, and direct financing coordination within the showrooms.

Amit Sagar, said, “India’s mobility landscape is evolving rapidly. From small entrepreneurs to fleet operators, a new class of owners is emerging, and they need financing that understands their realities. Through this partnership, Piaggio India and State Bank of India are bringing together the strength, trust, and reach of two respected institutions to make vehicle ownership simpler, faster, and more accessible. By leveraging the Uttar Pradesh Government’s CM Yuva Yojna which offers eligible young entrepreneurs 0% interest free financing, government-backed subsidies, and simplified access to business ownership; we are creating meaningful opportunities for self-employment and enterprise development at scale. This initiative goes beyond vehicle financing; it is about enabling aspirations, fostering entrepreneurship, and contributing directly to employment generation for the youth of Uttar Pradesh. Piaggio India remains committed to supporting inclusive economic progress through practical, sustainable, and accessible mobility solutions.”

Vibhash Kumar, added, “This collaboration combines SBI’s trusted financial capabilities and extensive network with Piaggio’s established leadership in the three-wheeler segment to create meaningful livelihood opportunities for aspiring entrepreneurs across Uttar Pradesh. Through CM Yuva Yojna, we are committed to supporting youth-led enterprise by making affordable financing widely accessible, thereby strengthening self-employment, last-mile connectivity and long-term economic development.”

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