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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.

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

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

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 .

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).