The company will use these funds to develop innovative solutions and scale operations
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Ashok Leyland maintained a market share of over 30 per cent in the domestic Medium and Heavy Commercial Vehicle (MHCV) segment
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The order includes 1,344 units of LMD Built-up Non-A/C Buses (Skyline Pro 3011 L and Skyline Pro 3010 L), 197 units of Eicher Pro 6016 12m AC Buses, 80 units of Eicher Pro 6016 CNG Bus Cowl Chassis, and 42 units of Eicher Pro 3019 Trucks
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The raised funds will be utilised to expand the platform’s offerings in regional markets and expand more verticals in the mobility domain
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This includes 8,035 units of Eicher brand and 289 units of Volvo brand
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India’s EV manufacturing landscape is set to experience transformative growth, driven by advancements in battery energy density, fast-charging solutions, and extended ranges, says Gaurav Kumar, Head of Supply Chain & Manufacturing at Euler Motors
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This order follows an earlier order of 921 electric buses
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The price increase will vary as per individual model and variant
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The Company exported 1,664 units in the same month
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Moebius will succeed Muthu Maruthachalam C in this role
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