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Huge opportunity in electric tractors, trucks segment: Tube Investments of India, ET Auto

Tube Investments Of India Ltd: Tube Investments of India forayed into the electric vehicle business with the acquisition of 65.2% stake in IPLTech Electric Pvt Ltd to become an original equipment manufacturer (OEM) of zero-emission vehicles and participate in the entire productive end of EV spectrum.

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Murugappa s TI Clean Mobility to raise Rs 1,050 crore

According to Tube Investments Managing Director Mukesh Ahuja, in the tractors seg-ment, TICMPL plans to introduce three different variants in four wheel drives for differ-ent segments during FY23-24

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Murugappa s TI Clean Mobility to raise Rs 1,050 crore, roll out 55-tonne truck

Murugappa s TI Clean Mobility to raise Rs 1,050 crore, roll out 55-tonne truck
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Murugappa s TI Clean Mobility to raise Rs 1,050 crore, roll out 55-tonne truck

Murugappa group's electric vehicle (EV) arm TI Clean Mobility Private Limited (TICMPL) will roll out 55-tonne truck at its Manesar facility in Haryana and electric tractors out of its plant here, said top officials of parent company Tube .

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Tube Investments gains 1% on entering small commercial EV segment

Tube said that TICMPL will establish a new subsidiary company dedicated to the commercialization of small commercial electric vehicles (EVs).

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