CMV360 Weekly Wrap-Up | That Mattered This Week (11th Sep – 16th Sep): Tata Motors Hosts Grand 'Truck Utsav' Event to Spotlight Innovative Mobility Solutions

We hope this summary will provide you with valuable insights into the current state of commercial vehicles and the direction it is heading.

Welcome to the Cmv360 Weekly Wrap-Up, where we offer you the most recent commercial vehicle industry news and developments. Join us as we delve into the highlights and stories that have shaped the week, providing you with a concise overview of the most noteworthy happenings that you need to know.

Check out this week's essential news on trucks, three-wheelers, tractors, new launches, and more. Stay tuned with us as we explore these and other automobile parts-related topics.

Tresa Motors Sets Stage for Electric Truck Trials with New Axial Flux E-Axle

Tresa Motors, a leading name in the electric vehicle (EV) industry, has unveiled its latest innovation - the E-Axle equipped with an axial flux motor. This revolutionary technology promises to reshape the electric trucking landscape and accelerate the global transition towards sustainable transportation.

Tresa Motors, based in Bengaluru, showed the DAX-1 electric axle, which incorporates Tresa's FLUX350 motor, motor controller, AMT gearbox, and differential into a single compact unit. Tresa Motors unveiled its first electric truck, the Model V0.1, built on their axial flux motor platform Flux 350, in July.

Tresa Motors claims that their Model V0.1 medium and heavy electric truck platform can handle loads of 18 to 55 tons. The DAX-1 is propelled by Tresa's FLUX350 platform motors, which have a power range of 150Kw to 350Kw. The motor, which weighs a little under 25kg, has a power output of up to 350 kW.

Kubota Unveils Enhanced M7 Series Tractors: A Game-Changer for Agriculture

Kubota Corporation, a global leader in agricultural and construction equipment, has once again raised the bar in the farming industry with the unveiling of its highly anticipated next-generation M7 Series tractors.

The new lineup boasts a range of enhanced features designed to meet the evolving needs of modern farmers, delivering increased efficiency, versatility, and operator comfort.

Kubota, a leading name in the agricultural sector, has announced the next generation of its M7 Series tractors, which keep the same horsepower range while adding a slew of new features. The M7-4 Series offers three exciting new models ranging from 128 to 168 horsepower: the M7-134, M7-154, and M7-174, each available in three separate configurations: Deluxe, Premium, and Premium KVT.

M&M Rolls Out Exciting Festive Finance Schemes for Pik-Ups

In a move that aims to light up the festive season for its customers, Mahindra & Mahindra (M&M), one of India's leading automotive manufacturers, has announced exciting finance schemes for its range of Pik-Up trucks. This announcement comes as a boon to both businesses and individuals looking to invest in robust and dependable transportation solutions during the upcoming festive season.

As a result, it will make special offers to consumers ranging from first-time users to market load operators, captive customers, and fleet owners, with loan terms ranging from 84 months to 100% on-road finance.

Pik-Up trucks have earned a strong reputation for their durability, performance, and versatility, making them the preferred choice for a wide range of customers, from small business owners to fleet operators.

In consultation with its finance partners, the automobile manufacturer has worked out interest rates starting at 11.50%. Customers can now buy a MaXX Pik Up City for a low EMI of INR 12,999 and a MaXX Pik Up HD for a starting EMI of INR 15,555, making it an appealing and viable option that won't strain their monthly budgets.

Eicher Revolutionizes Agriculture with the Launch of Eicher 280 PLUS Tractor

Eicher Tractors, a renowned name in the agricultural machinery industry, has unveiled its latest offering, the Eicher 280 PLUS tractor. With a commitment to revolutionizing the farming experience, Eicher has packed this new addition with advanced features aimed at enhancing productivity, efficiency, and overall farm performance.

The Eicher 280 PLUS tractor is set to make a significant impact on the agricultural sector with its cutting-edge technology and versatile capabilities. This powerful tractor has been meticulously designed to cater to the evolving needs of farmers across the globe.

The launch event, which took place in Nashik, Maharashtra, highlighted the amazing features and capabilities of this 26-hp range tractor, which is designed to fulfil the diversified needs of modern farmers.

The EICHER 280 PLUS is more than simply a tractor; it is a game changer for farmers all over India. This tractor promises to revolutionize farming with its PLUS performance, PLUS fuel efficiency, and PLUS profitability. Spraying in orchards, inter-cultivation in sugarcane farms, or any other agricultural duty is no problem for the EICHER 280 PLUS.

Also Read: CMV360 Weekly Wrap-Up | That Mattered This Week (12th Aug – 19th Aug): Mahindra Unveils Seven Tractors Under the OJA Range

Tata Motors Delivers 181 Winger Veterinary Vans to Government of Odisha

Tata Motors, a renowned commercial vehicle manufacturer in India, has delivered 181 Winger veterinary vans to the Odisha government. This significant delivery marks a crucial step towards enhancing animal healthcare services in the state.

The vehicles were flagged off by Odisha Chief Minister Naveen Patnaik, along with delegations from the Odisha government and Tata Motors. The Tata Winger will be used as a veterinary van by the Directorate of Animal Husbandry & Veterinary Services, Government of Odisha.

Bajaj Finance Announces Strategic Plans to Dominate Indian Tractor Financing Sector

In a strategic move aimed at tapping into the burgeoning agricultural sector in India, Bajaj Finance, one of India's leading non-banking financial companies (NBFCs), has unveiled ambitious plans to accelerate its growth in the Indian tractor financing market. With agriculture being a crucial pillar of the Indian economy, Bajaj Finance's foray into this sector is expected to have far-reaching implications.

This announcement was made by Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv Ltd., during his recent talk at the P V G Chair event hosted by the IMC Chamber of Commerce and Industry.

Bajaj Finance, a well-known player in the financial services sector, has stated its intention to diversify its portfolio by expanding its tractor financing services, complementing its existing offerings in used car financing, and continuing its efforts to partner with dealers for new four-wheeler financing.

Tata Motors Hosts Grand 'Truck Utsav' Event to Spotlight Innovative Mobility Solutions

Tata Motors, India's largest commercial vehicle manufacturer, has announced the start of 'Truck Utsav,' an innovative customer interaction program. This unique event is set to raise awareness of the company's latest vehicles and mobility solutions by displaying creative and technologically advanced trucks with distinctive value-added services.

Truck Utsav will take place in cities including Delhi, Faridabad, Gurugram, Bengaluru, Jaipur, and Chennai.
One of the major highlights of the event will be the unveiling of Tata Motors' newest lineup of commercial vehicles, including trucks, buses, and electric vehicles.

The Tata LPT 1916, which was unveiled at the Truck Utsav, has the highest payload in its segment, allowing fleet owners to earn more and profit more, according to a press statement. It has a 3.3-litre diesel engine and a walkthrough LPT interior optimized for driver comfort in both day and sleeper versions.

Euler and Fyn Join Forces to Roll Out 2,000 Fast-Charging HiLoad Electric Three-Wheelers

In a groundbreaking move to accelerate the adoption of electric mobility solutions, Euler and Fyn have joined forces to deploy 2,000 fast-charging HiLoad electric three-wheelers. This strategic partnership signals a significant step towards sustainable transportation in urban areas and holds promise for reducing carbon emissions and alleviating traffic congestion.

The 2,000 Euler HiLoad EVs will be delivered over the next 18 months. Euler, a leading manufacturer of electric vehicles, and Fyn, a pioneering provider of electric charging infrastructure, are combining their expertise to address the growing demand for efficient and eco-friendly last-mile delivery solutions.

The HiLoad electric three-wheelers are specifically designed for urban logistics, offering a compact and versatile solution for businesses and delivery services.

Greaves Electric Mobility Takes a Sustainable Leap with the Launch of Eltra Cargo – A 100km Range E-three-wheeler

In a significant stride towards sustainable urban mobility, Greaves Electric Mobility has unveiled its latest innovation, the Eltra Cargo three-wheeler, boasting an impressive 100km range on a single charge. This launch marks a pivotal moment in the electric vehicle (EV) industry, as it addresses the growing demand for eco-friendly and efficient last-mile delivery solutions.

With a peak power capability of 9.5 kW from a 10.8 kWh battery pack, the Greaves Eltra electric three-wheeler can travel more than 100 kilometres on each charge. This zero-emissions vehicle is designed to optimize delivery routes, reduce downtime, and improve the overall efficiency of last-mile logistics operations. It also boasts a large factory-fitted delivery box with 140 cubic feet of storage space.

Himachal Pradesh Launches Innovative Mobile Van Program to Promote Chemical-Free Farming

In a significant move towards promoting organic and chemical-free farming practices, Himachal Pradesh has rolled out a Mobile Van Program aimed at delivering fresh, organic produce directly to consumers' doorsteps.

Himachal Pradesh is launching a mobile van program as part of the Prakritik Kheti Khushhal Kisan Yojana (PK3Y) to promote environmentally friendly farming. The initiative aligns perfectly with the state's goal of promoting organic farming, reducing chemical usage, and ensuring food safety.

These vans will transport an array of chemical-free farm produce, including vegetables, fruits, grains, and dairy products, all sourced directly from local farmers who adhere to organic farming methods.

Also Read: CMV360 Weekly Wrap-Up | That Mattered This Week (20th Aug – 25th Aug): Mahindra's Electric Three-Wheelers Sustain Robust Growth from April to July

Conclusion

That concludes our weekly wrap-up of commercial vehicle news. The past week has been filled with exciting developments, showcasing the industry's dedication to sustainability, efficiency, and innovation.

We hope this summary has provided you with valuable insights into the market of commercial vehicles and the direction it is heading. Stay tuned for more updates, and until next week, drive safely!