VECV

VE Commercial Vehicles Ltd (VECV), a joint venture between Volvo Group and Eicher Motors, has announced an investment of ₹544 crore to set up a new greenfield manufacturing facility in Madhya Pradesh. The plant will produce 12-speed Automated Manual Transmissions (AMTs) for heavy-duty trucks, catering to both domestic and select international markets within the Volvo Group’s network.

Tata Power, one of India’s largest integrated power companies, has entered into a strategic partnership with VE Commercial Vehicles (VECV) to accelerate the adoption of electric mobility in India. The collaboration aims to build a robust ecosystem for electric commercial vehicles, combining Tata Power’s expertise in charging infrastructure with VECV’s strong presence in the commercial vehicle segment. The alliance comes at a time when India is pushing aggressively toward clean energy transition, seeking to reduce dependence on fossil fuels while addressing climate change commitments.

VE Commercial Vehicles (VECV) has entered into a strategic partnership with Jio-bp Pulse to accelerate the development of electric vehicle (EV) charging infrastructure across India. The collaboration focuses on setting up a robust network of fast and reliable charging stations to support the growing adoption of electric commercial vehicles. This initiative aligns with India’s push for sustainable transportation, addressing key challenges in EV deployment such as range anxiety and operational downtime.