Apollo seeking European TBR tyre market share boost with new products, increased production

Apollo Tyres wants to build its European market share alongside the development of the commercial vehicle tyre production line at its advanced Hungarian plant. Hosting Tyres & Accessories in the final quarter of 2022, the growing manufacturer detailed its strategic five-year plan to build its presence in Europe’s truck and bus, radial (TBR) tyre market alongside the launch of its EnduMile LHT, a long haul trailer tyre targeting the continent, its first to feature A-grade fuel efficiency on the European tyre label. Apollo is taking measures to double its TBR tyre production output from the Gyöngyöshalász facility, with the target of covering up to 90 per cent of the TBR segment’s total size and specification requirements by 2025.