Explore Business Standard
Commercial Vehicle
The Delhi Transport Corporation (DTC) is preparing to expand its electric vehicle (EV) charging infrastructure by establishing charging facilities for heavy commercial vehicles at nine depots across the city, officials said on Saturday. This initiative aligns with the Delhi government's plan to fully convert the public transport fleet to electric vehicles within the next year and a half. The DTC has begun setting up the charging infrastructure at the following depots: Rohini Sector 37, Keshopur, Nangloi, Kalkaji, Sukhdev Vihar, Nand Nagri, Ghazipur, and Hasanpur, according to a transport department officer. The estimated cost for the charging infrastructure at these depots is over Rs 31 crores. It will include 1600 KVA compact substations and 240 KW chargers, which will be capable of charging hundreds of buses and other heavy commercial vehicles, he said. "Tenders have been floated, inviting contractors approved by government agencies for the work. The civil and electrical works wi
Starting Saturday, commercial goods vehicles that do not meet BS-IV standards will be prohibited from entering Delhi. To enforce this regulation, multiple teams from the Transport Department and Traffic Police will be deployed, officials said. The transport department, in collaboration with the traffic police, has formed 23 teams for enforcement purposes. "We have chalked out a plan to monitor these vehicles. There are 23 points from where 90 per cent of the vehicles enter Delhi. There are 23 teams that have been formed. These include traffic police personnel and the transport department's enforcement officers. They will be deployed at designated locations and will turn back vehicles not meeting norms," said a senior official. The 23 locations include Kundli border, Rajokri border, Tikri border, Aya Nagar border, Kalindi Kunj border, Auchandi, Mandoli, Kapashera, Bajghera Toll/ Dwarka Expressway, etc. These teams will be monitored by an inspector-level officer. According to the ...
Tata Motors on Thursday said it has partnered with city gas distribution player THINK Gas to strengthen the LNG refueling ecosystem for long-haul and heavy-duty trucking in India. The two partners have signed a Memorandum of Understanding (MoU) for this purpose, Tata Motors said in a statement. The partnership aims to enhance infrastructure readiness, build greater awareness of fuel quality, and enable wider adoption of LNG-powered commercial vehicles, accelerating the transition towards cleaner, more decarbonised freight operations, it added. Tata Motors Vice President & Business Head - Trucks, Rajesh Kaul, said as India advances towards sustainable and efficient freight movement, LNG presents a compelling solution for long-haul and heavy-duty trucking. "Through this partnership with THINK Gas, our goal is to strengthen ecosystem readiness, ensuring reliable access to refuelling infrastructure and enabling fleet operators to adopt LNG with confidence," he added. THINK Gas Senior
Crisil Ratings said post the rationalisation of GST on commercial vehicles, acquisition of new fleet by the operators would decline substantially. It said in a statement on Monday that GST on commercial vehicles has been reduced to 18 per cent from 28 per cent. "This will bring down the acquisition cost of fleet operators," it said. Domestic commercial fleet operators are expected to clock a revenue growth of eight per cent to ten per cent this financial year, according to the statement. Strong domestic demand and import-related fleet requirements will drive growth. Higher revenues and stable margins will result in improved cash flows, which will partially fund the incremental working capital requirement, the statement said. Dependence on external short-term debt will be limited, and operators will undertake additions to their fleets funded by long-term loans. Increased fleet utilisation will ensure operating margins to remain stable between eight per cent to 8.5 per cent, accordi
The commercial vehicles segment will be the biggest beneficiary of the GST rate reduction in the auto sector as it will unleash replacement demand, which is long overdue, Ashok Leyland MD & CEO Shenu Agarwal said on Thursday. With the GST rate cut touching every consumer and business in the country, it will result in a boost in consumption thereby increasing freight traffic and ultimately demand for commercial vehicles (CVs), he said here on the sidelines of the annual convention of Society of Indian Automobile Manufacturers (SIAM). "CV will be actually the biggest beneficiary among the automotive sector," Agarwal said when asked about the impact of recent GST rate reduction on the auto sector. He said while rate rationalisation will lead to price cuts and customers who have withheld purchases will come back to the market, one big aspect is of the replacement of ageing fleets. "We have been discussing this issue of aging of fleets in the country.. the average age of the fleet is ..
VE Commercial Vehicles (VECV), a joint venture of Volvo Group and Eicher Motors, has signed an initial pact with Jio-bp pulse to expand and streamline charging access for its electric commercial vehicle customers. Through this collaboration, all Eicher Trucks and buses' EV customers will gain seamless access to Jio-bp's network of over 6,000 charging points, India's largest DC fast-charging footprint, across urban centres, highways, and purpose-built EV hubs capable of accommodating all types of commercial vehicles, a statement said. According to the statement, VECV signed a memorandum of understanding (MoU) with Jio-bp pulse to expand and streamline charging access for VECV's electric commercial vehicle customers. Jio-bp, a fuel retail joint venture of Reliance Industries and bp, which operates under the brand name of Jio-bp pulse in the electric mobility space, has established one of the largest and fastest-growing EV charging networks in India. Under the MoU, both companies will
Commercial vehicle dispatches from companies to dealers are expected to witness a volume growth of 3-5 per cent year-on-year in the current fiscal, rating agency Icra said on Wednesday. Domestic commercial vehicle wholesale volumes reported a moderate 6.1 per cent year-on-year increase in July 2025, even as volumes declined sequentially by 2.7 per cent. "ICRA expects the domestic CV industry to post a modest year-on-year growth of 3-5 per cent in wholesale volumes in FY2026, following a marginal 1.2 per cent decline recorded in FY2025," the rating agency said in a report. Within this, medium and heavy commercial vehicle (M&HCV) trucks and light commercial vehicle (LCV) trucks are expected to see modest growth in the range of 0-3 per cent and 3-5 per cent, respectively, during the year, it added. The buses segment, on the other hand, is likely to witness a comparatively higher growth of 8-10 per cent in FY2026, Icra stated. While an uptick in construction and mining activities and