French shipper CMA CGM acquires 10% of Volvo-Renault electric van business

France’s CMA CGM said on Wednesday that it has acquired a 10% stake in the electric truck company Flexis created by Renault and Volvo Group, as the transport company expands further into the logistics business. CMA CGM announced last year through its energy fund that it would join the company ...

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JBM Ecolife Mobility secures contract to operate 1,390 e-buses for PM-eBus Sewa Scheme

JBM Ecolife Mobility, a subsidiary of JBM Auto Limited, has clinched a contract to operate 1,390 electric buses under the PM-eBus Sewa scheme. The company emerged as the top bidder, winning the tender for the procurement, supply, operation and maintenance of approximately 65% of the total electric ...

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Farmers' demand for guaranteed MSP unlikely to have significant impact on tractor industry: M&M

Mahindra & Mahindra Ltd on Wednesday said the ongoing protest by farmers demanding assurance of minimum support prices (MSP), among others, is unlikely to have any "significant impact" on tractor sales volumes. The tractor industry is expected to witness a volume decline of 5% this financial year, t...

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Born in India, 'world's first' cargo 2W aims to be a disruptor in logistics

MUMBAI: On my recent trip to Pune, I rode a two-wheeler, which is special for many reasons. For starters, its form factor is unlike any other two-wheeler ever seen in India. In fact, its manufacturer, Qargos, calls it the world's first cargo scooter. The India-designed and manufactured electric carg...

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Mahindra Last Mile Mobility sells 40,000 E3Ws in 8 months of FY24

New Delhi: Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited, in 8M FY24 sold 40,000 electric vehicles driven by the launch of two new products - Treo Plus and e-Alfa Super and payload variants. It still dominates the electric three-wheeler market. Leveraging ...

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NITI Aayog bats for incentives for LNG-fuelled commercial vehicles

NITI Aayog has proposed a range of financial and non-financial incentives, expanding the scope of the Production Linked Incentive Scheme to include LNG-powered vehicles and creating a demand pool to encourage the use of liquefied natural gas (LNG) in medium and heavy commercial vehicles. It said in...

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UP CM flags off 50 e-buses of PMI Electro Mobility in Ayodhya

New Delhi: Ahead of the consecration of the Ram Mandir in Ayodhya, Uttar Pradesh Chief Minister Yogi Adityanath rolled out 50 electric buses (e-buses) as part of the city's carbon-neutral public mobility initiatives from the temple. The electric buses manufactured by PMI Electro Mobility will opera...

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Tata Motors bags order of 1350 bus chassis from Uttar Pradesh State Road Transport Corporation

NEW DELHI: Tata Motors today announced that it has secured an order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) for the supply of 1,350 units of Tata LPO 1618 diesel bus chassis. Developed for inter-city and long-haul travel, the Tata LPO 1618 complies with BS6 emission protoco...

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J&K L-G flags off 100 electric buses in Srinagar

New Delhi: The e-buses will be plying on 15 intra-city routes and two inter-city routes and will run a minimum of 200 km per day from 8 am to 5 pm. In his address, Sinha congratulated Srinagar Smart City Limited and the residents of the city and adjoining districts. “Smart mobility to optimi...

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