The company is in talks with automakers to supply batteries manufactured at its potential U.S. factory. It might invest $2.62 billion to manufacture batteries for Stellantis and $870 million for Rivian.
Tag: Volvo
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Chinese carmakers aim to outpace global production of electric cars
Chinese car companies are building electric car factories at a great speed compared to the rest of the world. LMC Automotive predicts, by 2028, China will be making over 8 million electric cars a year.
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Eicher E-buses completes a year in Kolkata; 40 E-buses to BEST
The Eicher Skyline Pro E buses were deployed with West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has served over 1.6 lakh kilometers carrying 1.3 lakh passengers till date
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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 Trucks bags order for 350 HD trucks from Bangladesh
Bangladesh Road Transport Corporation (BRTC) has bought 350 units of Eicher 20.16, which is a 16 tonnes GVW haulage truck
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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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VECV 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
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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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VECV records highest ever monthly sales with a growth of 28.4%
VE Commercial Vehicles Ltd, a Volvo Group and Eicher Motors joint venture, recorded the highest ever sales for a month with 9,411 units in March 2018 as compared to 7,327 units in March 2017, registering a growth of 28.4 per cent. This includes 9,245 units from Eicher brand and 166 units from Volvo brand.
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VECV records Y-o-Y growth of 22.8%
VE Commercial Vehicles (VECV) Ltd, a Volvo Group and Eicher Motors joint venture, has sold 6,882 units in February 2018 as compared to 5,603 units February 2017, recording a year-on-year (Y-o-Y) growth of 22.8 per cent. This includes 6,789 units of Eicher brand and 93 units of Volvo brand.