The ABB technology called TOSA avoids the need to take the vehicle out of service for recharging every few hours or having a replacement bus ready, thus minimizing the size of the fleet while increasing passenger carrying capacity, an official statement said.
Under the strategic partnership, around 165 Greaves care centres will provide service support to TVS three-wheelers in the form of free services, warranty, post-warranty and other campaign-related repairs, the company said in a release.
Tata Motors has bagged a contract to Mangalore Refinery and Petrochemicals, have together spent about Rs 35,000 crore in upgrading their units for BS VI-compliant fuels, to meet the official target of supplying less polluting fuel across the country from April 1, 2020. Private refiners too have spent heavily on this.
Domestic tractor sales in Nov 2019, dropped to 7,379 units against 7,641 units a year-ago, the filing said. Exports for the month of Nov 2019, also declined to 263 units against 364 tractors in Nov 2018. Escorts Ltd has diversified business in three different segments comprising -- Escorts Agri Machinery, Escorts Construction Equipment and Railway Equipment Division, it added.
This order comes closely on the back of orders received from various state transport undertakings recently, the company said in a regulatory filing. Ashok Leyland's order book for state transport undertakings has enhanced significantly.
"At upto eight years or eigh lakh kilometres, the warranty is one of the longest duration offered in the entire commercial vehicle industry. The scope of extended warranty includes powertrain aggregates like engine, transmission, propeller shaft..," a company statement said here.
PEMSPL, which holds 70 per cent in its joint venture with Beiqi Foton with the rest by the Chinese partner, also said it has entered into a pact with budget carrier SpiceJet to supply electric buses for its operations at Indira Gandhi International Airport Delhi.
Hinduja Group in 2013, Optare took a decision to shift focus to electric buses from conventional diesel buses in 2017 and the company stands to gain from UK’s decision to gradually shift all 6,000 buses in London City to zero-emission.
As part of the JV agreement, Sonalika will also set up an assembly plant for engines in China. Sonalika is already amongst the largest exporter of tractors from India would add China to its overseas presence with this JV.
A slew of measures by the govt coupled with easing of liquidity conditions and revival in rural demand has kindled hopes of rise in sales of commercial vehicles. Data from SIAM showed sales of CVs declined 23% between April and Sept FY20.