VE Commercial Vehicles Ltd, a joint venture between Volvo Group and Eicher Motors, are keen to take advantage of the productivity linked incentive (PLI) through expansion plans for electric vehicles.
Tag: Eicher Motors
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Royal Enfield appoints B Govindarajan as Executive Dir; Vinod Dasari resigns
Vinod K Dasari resigns as CEO of Royal Enfield and Director (Whole Time) of Eicher Motors from August 13, 2021. Eicher Motors reports Rs 2.37 billion as net profit for the quarter ended June 30, 2021.
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Auto sales may Improve from Q2FY22 onwards: Emkay
According to a research report by Emkay Global Financial Services, the volume of auto sales may recover from Q2FY22 due to easing of lockdowns, pent-up demand and improving macros.
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EV penetration, transition to happen over 2-3 years: Emkay Global
The first EV conference by Emkay Global expects EV penetration and transition in 2Ws and 3Ws for the next 2-3 years. Emkay is positive about the auto sector and expects a strong cyclical upturn.
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VE Commercial Vehicles to set up Rs 400-cr truck facility in Madhya Pradesh
Commemorating the completion of 10 successful years of partnership between the Volvo Group and Eicher Motors, VE Commercial Vehicles (VECV) has announced the plan to set up a new production facility for trucks at Bhopal with investment of Rs 400 crores.
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VE Commercial Vehicles to set up Rs 400-cr truck facility in MP
The plant, which will have an initial capacity of 40,000 trucks, is expected to go on stream in the next 18 months.
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Eicher launches 7-speed transmission technology for trucks
The new four cylinder E494 engine with 7 speed ET50S7 gearbox comprises of 7 forward and 1 reverse gear, designed for smooth gearshifts and less torque interruption.
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VE Commercial Vehicles to launch new multi axle heavy duty truck
Leading commercial vehicle manufacturer, VE Commercial Vehicles (VECV) - a joint venture between the Volvo Group and Eicher Motors Limited (EML) - is currently working on a new multi axle heavy duty truck. A camouflaged Eicher heavy duty tractor was recently seen driving at Indore roads. This soon to be launched new variant bears a distinct appearance and looks more powerful than ever before. This would be a part of the Eicher Pro series of heavy duty trucks, manufactured at their facility in Pithampur.
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VE Commercial Vehicles to use Dassault Systemes platform to drive innovation
VE Commercial Vehicles Limited (VECV), a joint venture in India between the Volvo Group and Eicher Motors Limited, will use the 3DEXPERIENCE platform of Dassault Systemes - the French firm that provides 3D design software, 3D Digital Mock
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VE Commercial Vehicles sells 3921 units in June 2017
VE Commercial Vehicles Ltd. (A Volvo Group and Eicher Motors joint venture) has sold 3921 units in June 2017 as compared to 4935 units in June 2016 recording an overall decline of 20.5 per cent. The June 2017 sales figure includes 3885 units of Eicher brand and 36 units of Volvo brand.
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