Olectra Greentech plans EV truck entry, cuts reliance on BYD tech

Replacement vehicles must meet BS-VI or stricter emission norms, or be electric. Owners who don’t comply could face enforcement action, including impounding of vehicles and their transfer to authorised scrapping facilities.

Gauba called for blended finance mechanisms, leasing models and stronger data systems to reduce the cost of capital for electric trucks and bring it closer to that of diesel vehicles.

The government has tightened domestic manufacturing requirements for electric buses and trucks under the PM E-DRIVE scheme, mandating that key traction motor and controller components be manufactured in India from April 1, 2027, in a…

The partnership will see Greenply use GreenLine’s LNG-powered trucks to transport products from its Vadodara plant across its distribution network.

Several senior executives now expect sales to grow ten to fifteen percent this fiscal. This upgrade follows strong sales growth, with August seeing forty percent increases. Industry stakeholders expect momentum to sustain through the rest…