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Increased Government Infrastructure Funding Boosts Commercial Vehicle Sales In India

TNI || New Delhi || 19th April 2022

Due to an increase in economic activity such as freight movement and road construction, the commercial vehicle segment increased by 19% year on year (YoY) during January and March to 2,49,806 units, up against 2,10,356 units in the same period last year.

Calls For A European Prohibition Are Weakened By India’s Backdoor For Russian Oil

According to Tata Motors and Ashok Leyland sources, demand for CNG CVs is growing across India, with the alternative fuel now available in many smaller cities.

EKA Will Utilize Log9 Fast-Charging Battery Systems For Its Electric Vehicle Charging Needs

Sales of light commercial vehicles are increasing

As per the latest figures from the Society of Indian Automobile Manufacturers, overall LCV sales grew by 20% to 1,55,832 units in January-March this year, up from 1,29,822 units the previous year.

Olectra Launches Electric Tipper Trials In Hyderabad

Tata Motors, which has the biggest market share in the Indian CV industry, announced sales of 1,10,027 units in the fourth quarter of FY22, up roughly 21% from the previous quarter (Q3 FY22) and 12% from the same period last year (Q4 FY21).

Dibakar Yadav

Author and Founder of Trucking News India