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Vecv Latest News

The e-buses will be used by GreenCell’s intercity bus operation NueGo.
VECV To Supply GreenCell Mobility With 1,000 Electric Intercity Buses Over Next 5 Years
The new plant has been built in accordance with Industry 4.0 standards and will have an annual production capacity of 40,000 trucks in the first phase.
Volvo Eicher Commercial Vehicles Production Begins At New Truck Facility In Bhopal
Eicher Motors reported total revenue of Rs. 818 crore from operations, witnessing a drop of 66 per cent, as opposed to Rs. 2,382 crore in Q1 of FY 2020. The company reported a net loss of Rs. 55 crore during the previous quarter against a profit of Rs. 452 crore during the same period last fiscal.
Eicher Motors' Revenue Drops 66 Per Cent In Q1 FY'21; Registers Net Loss Of Rs. 55 Crore
Volvo Eicher Commercial Vehicles (VECV) has acquired Volvo Buses India for Rs. 100 crore, along with its employees and the manufacturing facility in Hosakote. The integration will see a new bus division under VECV consolidating resources and synergies.
Volvo Eicher Commercial Vehicles To Acquire Volvo Buses India
Volvo Eicher Commercial Vehicles (VECV) Ltd. recorded sales of 6069 units in August 2018 as compared to 4571 units in August 2017, recording a growth of 32.7 per cent. This includes 5948 units of Eicher brand and 121 units of Volvo brand. The Eicher branded trucks and buses recorded sales of 5948 units in August 2018 as compared to 4521 units in August 2017, representing a growth of 31.6 per cent. Moreover, in the domestic CV market, the Eicher branded trucks and buses have recorded sales of 4843 units in August 2018 as compared to 3818 units in August 2017, registering a growth of 26.8 per cent.
VE Commercial Vehicles Sells 6069 Units In August 2018, Registers Growth Of 32.7 Per Cent
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