MAN Truck & Bus And TIP Group Ink EUR 160 Million Framework Agreement For 1,800 CVs
- By MT Bureau
- January 20, 2026
MAN Truck & Bus and TIP Group have entered into a framework agreement for the delivery of up to 600 commercial vehicles annually over the next three years. The contract includes up to 1,800 units across all weight classes, ranging from 7.5 to 42 tonnes and covers operations in 18 European countries. The agreement, which includes both diesel and battery-electric trucks, has a total order value of up to EUR 160 million.
The diesel vehicles supplied will feature the PowerLion drivetrain, incorporating the D30 engine and TipMatic-14 transmission. According to the automaker, these aerodynamic updates reduce fuel consumption and CO2 emissions by up to 5 percent compared to previous models. In the electric segment, the contract includes the eTGL, eTGX and eTGS models. Depending on battery configuration, these vehicles offer claimed ranges between 310 km and 830 km.
The electric heavy-duty models are equipped with Combined Charging System (CCS) connections supporting up to 375 kW. From mid-2026, these models will support megawatt charging up to 750 kW. MAN produces both drive types on a single assembly line at its Munich plant to manage market demand and production costs.
TIP Group, which manages a fleet of over 90,000 assets, will utilise MAN service contracts to manage maintenance and repairs across its European network. These contracts provide fixed monthly rates to ensure cost transparency and vehicle uptime for rental customers.
Friedrich Baumann, Executive Board Member for Sales & Customer Solutions, MAN Truck & Bus, said, “With the new framework agreement, MAN Truck & Bus and TIP Group are sending a strong signal for the future of freight transport. We are pleased to accompany TIP as an important partner on the path to sustainable logistics – with efficient diesel trucks and innovative battery-electric vehicles. This agreement underscores the trust in our products and services and shows how we are jointly driving the transformation of the industry forward.”
Arjen Kraaij, CEO, TIP Group, said, “Supporting customers through the transition means offering the right solutions at the right time. By working closely with partners like MAN, we can expand our fleet with both highly efficient diesel trucks and electric trucks, giving operators practical choices that balance performance, cost efficiency and sustainability.”
- Switch Mobility
- Switch EiV12
- Ganesh Mani
- CESL
- Convergence Energy Services
- Hinduja Group
- Ohm Global Mobility
Switch Mobility Deploys 272 Electric Buses In Delhi
- By MT Bureau
- February 09, 2026
Switch Mobility, the electric vehicle arm of the Hinduja Group, has flagged off 272 units of its EiV12 low-floor bus in New Delhi. The deployment is part of a 950-bus contract awarded under the Convergence Energy Services (CESL) tender.
The event, held at Ramlila Maidan, was led by the Chief Minister of Delhi, Rekha Gupta, alongside transport officials and representatives from the Delhi Transport Corporation (DTC). The rollout aligns with the Government of India’s targets for emission-free and accessible public transport.
The 950 e-buses will be stationed at depots across the capital, including Okhla Srinivas Puri, Grand Trunk Road, and Rajghat. Ohm Global Mobility will manage the operational deployment and maintenance of the fleet.
The vehicles are manufactured at Switch Mobility's facility in Tamil Nadu. The project aims to increase the volume of electric buses in operation in Delhi to reduce CO2 emissions and improve urban air quality.
The Switch EiV12 is designed for urban transit with a focus on accessibility and stability. It gets ultra-low entry with kneeling and tilting functions to assist boarding. Floor-mounted batteries for stability and rear-mounted ports supporting dual-gun fast charging.
It features manual/automated wheelchair ramps for passengers with special needs, seniors and parents with prams. The Switch iON system monitors 140 parameters with 80 alerts to track vehicle health and performance.
Ganesh Mani, Chief Executive Officer of Switch Mobility, said, "The flag-off of over 200 Switch EiV12 Low Floor Buses electric buses in partnership with CESL is a significant milestone in strengthening Delhi's electric public transport ecosystem. Switch Mobility is committed to collaborating with city transport authorities to deliver dependable, high-performance electric buses that can scale rapidly. Deployments like these demonstrate how electric mobility can be seamlessly integrated into urban operations while delivering tangible benefits in emissions reduction and passenger experience."
- GreenCell Mobility
- electric bus
- International Finance Corporation
- IFC
- British International Investment
- BII
- Tata Capital
- Devndra Chawla
GreenCell Mobility To Deploy 570 Electric Buses In Delhi
- By MT Bureau
- February 09, 2026
GreenCell Mobility (GCM) has announced the deployment of 570 electric buses in Delhi to expand the city's zero-emission public transport. The initiative follows an USD 89 million investment round from the International Finance Corporation (IFC), British International Investment (BII) and Tata Capital.
The deployment began with a recent event at Ramlila Maidan, where 500 electric buses were introduced by the Delhi Government.
GreenCell Mobility will supply 12-metre, air-conditioned buses featuring batteries designed for Delhi's road conditions. The vehicles will operate from depots in Rajghat, Dilshad Garden and Seemapuri.
The e-buses come with an Integrated Transport Management System (ITMS), real-time vehicle tracking and internal and reversing cameras. It also is equipped with Passenger Information Systems and infrastructure for differently-abled commuters.
Beyond the capital, GreenCell Mobility is executing projects across several states including 700 buses Uttar Pradesh, 750 buses in Andhra Pradesh, 582 buses in Madhya Pradesh, 400 buses in Bihar and 50 intercity buses for MSRTC in Maharashtra.
Backed by Eversource Capital, GCM currently operates a fleet of over 1,200 electric buses supported by 270 charging stations. Following the recent funding, the company plans to scale its total fleet to over 3,700 electric buses under the National E-Bus and PM Seva E-Mobility programmes.
Devndra Chawla, MD & CEO, GreenCell Mobility, said, “Delhi’s electric bus rollout represents the next phase of India’s public transport transition from pilots to scaled, city-wide adoption. This deployment showcases how institutional capital, policy intent and operational capability can come together to deliver clean mobility at scale. Our focus is not just on adding electric buses but on building a reliable, technology-led public transport ecosystem that cities can depend on over the long term.”
Mahindra To Establish INR 150 Billion Integrated Manufacturing Facility In Nagpur
- By MT Bureau
- February 08, 2026
Mahindra Group has announced plans to build its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra. The announcement was made during the Advantage Vidarbha industrial event.
The company has committed a total investment of INR 15,000 crore over a 10-year period to strengthen its footprint in the state. The project includes a 1,500-acre site in Vidarbha and a 150-acre supplier park in Sambhajinagar.
Upon completion, the facility will have an annual production capacity of 500,000 vehicles and 100,000 tractors. Production is scheduled to commence in 2028.
The location provides access to the Samruddhi Expressway and rail links for domestic and export distribution. The Sambhajinagar supplier park will provide components to this new plant as well as existing facilities in Chakan and Nashik to improve logistics and localisation.
The automotive unit will support the NU_IQ architecture and produce vehicles across internal combustion engine (ICE), electric vehicle (EV) and other powertrain technologies. The facility will utilise automation and digital systems. Additionally, Mahindra will acquire land in the Igatpuri-Nashik region to expand engine and product capacities for its technology business.
Devendra Fadnavis, Chief Minister of Maharashtra, said, “Mahindra’s decision to establish its largest integrated auto and tractor manufacturing facility in Maharashtra is a strong endorsement of the state’s robust industrial ecosystem and progressive policy framework. This landmark investment will generate significant employment, accelerate regional development in Vidarbha and surrounding areas, and further reinforce Maharashtra’s position as a leading manufacturing hub in India.”
Rajesh Jejurikar, Executive Director & CEO, Auto and Farm Sector, Mahindra & Mahindra, said, “This facility represents a bold step forward in Mahindra’s manufacturing journey. Designed to support our next generation of vehicles and tractors, it brings together scale, flexibility and advanced technology within one integrated footprint. It strengthens our ability to deliver world-class products while staying true to our commitment to ‘Make in India for the World.’ We are proud to deepen our partnership with the state of Maharashtra through this transformative investment.”
SANY India Strengthens Central & Southern Reach With New 3S Dealerships In Indore And Thiruvarur
- By MT Bureau
- February 06, 2026
SANY India has expanded its national network with the opening of two new 3S dealerships, reinforcing its market presence and customer-first philosophy. In a strategic partnership with M/s. Avni Automobiles, the company inaugurated a facility in Indore designed to serve Madhya Pradesh. This location will provide comprehensive sales, service and spare parts support to customers in Indore and surrounding key areas, including Dewas, Pithampur, Sanwer, Hatod and Betma. Simultaneously, the company launched a second new 3S outlet in Thiruvarur, Tamil Nadu, which operates under a Company Owned and Company Operated model to directly enhance regional engagement and support.
Both state-of-the-art facilities feature a modern showroom, a dedicated service bay and an organised spare parts section, all structured to ensure a seamless customer experience and efficient access to SANY’s extensive range of construction, mining, road, logistics and energy equipment. The Indore inauguration was marked by the presence of Rahul Tiwari, Regional Manager of SANY India, alongside senior officials from both SANY and Avni Automobiles. Similarly, the Thiruvarur opening included T Ravishankar, Regional Manager, and Karthik M, COCO Head of SANY Trichy, with other senior SANY India leaders.

These inaugurations represent significant milestones in SANY’s growth trajectory, aimed at supporting regional infrastructure development. The expansions underscore the company’s commitment to delivering world-class products and unmatched after-sales support through localised excellence, thereby strengthening its nationwide network to meet growing customer needs across India.
Rangasami S, Head – Mini & Small Excavator, SANY India, said, “Madhya Pradesh has always been the frontier of infrastructure growth in central India, driven by rapid growth and increasing investments in Bharatmala, mining and urban development projects. Our partnership with M/s. Avni Automobiles for this 3S dealership marks a significant step towards strengthening our service network and enhancing customer accessibility. With this addition, we aim to deliver not only superior products but also prompt support and holistic solutions to our customers in the region.”
Abhishek Jain, Founder, M/s. Avni Automobiles, said, “We are excited to partner with SANY India, a brand known for its engineering excellence, customer satisfaction and commitment to innovation. Through this 3S dealership, we are committed to offering end-to-end solutions from sales to service and spare parts. This partnership reinforces our commitment to provide reliable & timely support to customers in and around Indore. We are dedicated to supporting the infrastructure growth of the region in collaboration with SANY India.”

Comments (0)
ADD COMMENT