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Ashok Leyland bags defence orders worth Rs. 800 crore

Ashok Leyland bags defence orders worth Rs. 800 crore

Hinduja Group backed Ashok Leyland announced to bag an order of Rs 800 Crores in the Defence Sector. The contracts awarded also include the procurement of the Field Artillery Tractor (FAT 4×4) and the Gun Towing Vehicle (GTV 6×6). The FAT 4×4 and GTV 6×6 are specialized vehicles employed by the Artillery for towing light and medium guns, respectively. Both[Read More…]

by July 17, 2023 News
Medium and Heavy Commercial vehicle saw 0.41 per cent growth in Q1 2023-24

Medium and Heavy Commercial vehicle saw 0.41 per cent growth in Q1 2023-24

Medium and Heavy Commercial vehicles have seen a growth of 0.41 per cent despite the overall Commercial Vehicles segment has dipped 1.52 per cent as compared to the Q1 (April to June) of last year. The society of Indian Auto Manufacturers (SIAM) has released the Q1 performance report of the Indian Auto Industry 2023-24 in which the above mentioned is[Read More…]

by July 13, 2023 News
Vedanta Aluminium expands fleet of electric forklifts

Vedanta Aluminium expands fleet of electric forklifts

Vedanta Aluminium, a business of Vedanta Limited, announced to now have the country’s largest fleet of electric forklifts working on lithium-ion batteries, with a total of 44 units deployed across Odisha and Chhattisgarh. The company has also recently commissioned India’s first 10-ton electric forklift at its mega aluminium smelter in Jharsuguda, Odisha. In addition, it has also inducted 3-ton and[Read More…]

by July 6, 2023 News
Tresa Motors unveils electric truck for the global market

Tresa Motors unveils electric truck for the global market

Bengaluru-based Emobility start-up, Tresa Motors has unveiled its first electric Truck, the Model V0.1, built on the Axial Flux Motor Platform: FLUX350. As per the company, this truck is made for the global market and can deliver 350kW of continuous power. Currently, India has a fleet of 2.8 million trucks, contributing to 60 per cent of emissions, highlighting the urgent[Read More…]

by July 4, 2023 News