VECV forays into small commercial vehicle segment
PTI, Feb 3, 2024, 5:11 PM IST
New Delhi: VE Commercial Vehicles on Saturday announced its foray into the small commercial vehicle segment with the global unveiling of the first product at the Bharat Mobility Global Expo 2024.
Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV), unveiled the range which spans from 2T to 3.5T GVW.
The first product under the range is scheduled for customer trials in April 2024, with commercial roll-out expected in the first quarter of 2025.
Eicher will introduce the electric variant first, progressively moving towards clean CNG and diesel variants.
”The small commercial vehicle (SCV) segment will be driven by rapid urbanisation, booming e-commerce, increased personal consumption, and the rise of the hub-and-spoke distribution,” VECV MD & CEO Vinod Aggarwal said in a statement.
The upcoming range will play a pivotal role in this transformation with its pro-business and pro-planet approach, he added.
The first product under the new range has been designed and developed in India and will be manufactured at the company’s facility in Bhopal.
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