Tesla Motors is claimed to have expressed an interest to manufacture electric trucks and buses. Elon Musk, the company founder and CEO is known to express that it is looking at addressing all major truck and bus segments as part of the plans for the next 10 years. Industry sources claim that heavy-duty trucks are at the early development stages[Read More…]
After its introduction at the Excon construction equipment fair at Bangalore in December last year, the Eicher Pro 8000 has been finding good acceptance in the heavy-duty tipper segment. Priced in the region of Rs.45 lakh, the tipper, claimed to be based on the Volvo Asia truck platform, is finding takers on the back of the fresh investments the construction[Read More…]
Apart from expanding its reach in the domestic bus market, Ashok Leyland is continuing to push for growth in overseas markets. Hoping to generate one-third of the total revenue from its overseas business, the company, according to Gopal Mahadevan, Chief Financial Officer (CFO), plans to set-up an assembly facility in Kenya with an installed capacity of 3000 units. This is[Read More…]
Tata Hitachi rolled out the 50,000th construction equipment from its Dharwad plant recently. The equipment, a hydraulic excavator, EX200LC, was delivered to Ms. DRN Infrastructure, Hubli. The infrastructure company, which deploys over 100 Tata Hitachi machines in their projects, operates in Karnataka and Maharshtra on irrigation and road constructon projects. The hydraulic excavator, to find use in the projects that[Read More…]
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