AUTO GreenCell Mobility Shifts Gear To Fast Lane With New ₹330-Cr Funding

GreenCell Mobility, an electric-bus platform backed by climate-focused investment firm Eversource Capital, has secured ₹330 crore in equity funding from Denmark’s Impact Fund Denmark (IFDK), strengthening its capital base as it prepares to expand its fleet to more than 5,000 electric buses across 105 cities in India. The investment comes as electric buses move beyond […]

CW Bureau · Oct 18, 2026

AUTO India’s E-Bus Share To Reach 17% Next Fiscal: Crisil Ratings Report

India’s electric bus (e-bus) share in new bus registrations is expected to rise nearly 2.5 times to 17% next fiscal from 7% last fiscal, driven by government procurement programmes, operational subsidies and payment security measures, according to Crisil Ratings. However, inadequate charging infrastructure and depot readiness could delay deployment, while limited participation by private bus […]

CW Bureau · Oct 15, 2026

AUTO Switch Mobility Receives PM E-Drive Order For 840 Electric Buses For Delhi

Switch Mobility Ltd has secured an order for 840 electric buses from Antony Road Transport Solutions under Phase I of the Government of India’s PM E-Drive scheme, strengthening the company’s presence in Delhi’s public transport electrification programme. The order comprises 420 9-metre and 420 12-metre air-conditioned electric buses, which will be deployed with the Delhi […]

CW Bureau · Sep 28, 2026

AUTO Olectra Emerges First Indian Firm To Deploy 4,000 E-Buses On Roads

Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on the country’s roads, achieving a major milestone in the nation’s transition towards cleaner public transport. The landmark was marked by the handover of Olectra’s 4,000th electric bus to the Himachal Pradesh government during the flag-off ceremony for 297 electric […]

CW Bureau · Jul 30, 2026

AUTO Tata Motors Secures Orders For Over 3,400 Electric CVs Across Segments

Tata Motors, India’s largest manufacturer of commercial vehicles and a provider of holistic mobility solutions, has announced that it has secured over 3,400 electric commercial vehicle (eCV) orders across segments, marking a significant inflection point in the mainstream adoption of electric mobility for both freight and passenger transport in India. The orders, comprising 2,000 SCVs […]

CW Bureau · Jun 21, 2026

AUTO Ashok Leyland Becomes First OEM To Join Delhi-NCR Vehicle Renewal Plan

Commercial vehicle major Ashok Leyland and its electric mobility arm Switch Mobility have become the first original equipment manufacturers (OEMs) to partner with the Government of India under the newly launched vehicle replacement scheme aimed at modernising truck and bus fleets in the Delhi-NCR region. The first memorandum of understanding (MoU) under the scheme was […]

CW Bureau · Jun 15, 2026

AUTO Delhi-NCR Fleet Renewal Opens New Growth Avenue For CV Manufacturers

India’s commercial vehicle industry could be headed for a fresh replacement-cycle driven growth phase after the Union Cabinet approved a ₹9,585-crore fleet modernisation scheme aimed at replacing older trucks and buses in the Delhi-NCR region with cleaner BS-VI and electric vehicles. The two-year programme, which targets more than 2 lakh commercial vehicles, combines financial incentives, […]

CW Bureau · Jun 4, 2026

AUTO EKA Mobility Speeds Up Network Expansion To Bolster EV Ecosystem

EKA Mobility, leading commercial electric vehicle manufacturer, has announced a rapid expansion of its authorised dealer network as the company looks to address one of the key barriers to electric vehicle adoption in India,  limited access to reliable sales and service infrastructure. EKA Mobility currently operates 60 dealerships across the country and plans to expand […]

CW Bureau · May 26, 2026

AUTO Green Bet: India’s Electric Bus Market Enters Crucial Transformation Phase

India’s bus industry is entering a significant phase of structural transformation, driven by accelerating electric vehicle (EV) adoption, infrastructure development, sustainability commitments and government-led clean mobility initiatives, according to KPMG. In its latest report titled Electrifying India’s Bus Industry – The Decade of Transformation, the firm noted that the country’s electric bus ecosystem is rapidly […]

CW Bureau · May 15, 2026

AUTO Olectra Unveils New Brand Identity To Transform Electric Mobility In Big Way

Olectra Greentech Ltd, a leading electric bus manufacturer, has announced the launch of its new brand identity. The refreshed brand identity reflects Olectra’s evolution from a pioneering electric bus manufacturer to a forward-looking, innovation-driven organisation focused on delivering integrated mobility and energy solutions. Vision and strategic direction The refreshed identity introduces a modern visual language, […]

CW Bureau · Apr 10, 2026

AUTO Ashok Leyland To Infuse ₹375 Cr In To UK Arm Optare For Debt Repayment

Commercial vehicle major Ashok Leyland has approved an investment of up to GBP 30 million (around  ₹375 crore) in its UK-based subsidiary Optare Plc, pushing ahead with its long-term commitment to the global electric mobility ecosystem. The investment will be made in one or more tranches and is expected to be completed by March 31, […]

CW Bureau · Mar 20, 2026