The company operates through two primary divisions. Royal Enfield, its motorcycle arm, is a global leader in the mid-size motorcycle segment (250cc – 750cc). With a history dating back to 1901, Royal Enfield is renowned for its classic designs and a strong global brand presence spanning over 60 countries. Their product portfolio includes popular models like the Classic 350, Himalayan, and the 650 Twins. Royal Enfield fosters a strong community through various events and a wide retail network.
The second key division is VE Commercial Vehicles (VECV), a joint venture with Volvo Group since 2008. VECV manufactures and markets a comprehensive range of Eicher-branded trucks and buses, along with Volvo trucks in India. This division plays a crucial role in modernizing India’s commercial transportation sector. VECV also includes engine manufacturing and exports for Volvo Group, as well as the Eicher Engineering Components business.
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VECV collaborates with Statiq to accelerate electric vehicle growth in India
VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has signed a Memorandum of Understanding (MoU) with Statiq, an Indian EV charging solutions provider. The partnership aims to accelerate the adoption of electric vehicles (EVs) in India, starting with the Eicher Pro X range of small commercial vehicles. Statiq will provide access to its network of over 8,000 charging points across India, making charging simpler and more efficient for Eicher customers.
The collaboration will integrate Statiq’s charging network with the My Eicher app, allowing users to view real-time charging station information, navigate to charging points, and access transparent tariffs. The companies will also introduce promotional offers and preferential tariffs for Eicher truck and bus operators. Statiq will become one of VECV’s preferred partners for the supply and installation of AC and DC chargers.
The partnership aims to create a seamless and accessible charging experience for Eicher customers, empowering them with convenience, confidence, and operational efficiency. The companies will also build a support ecosystem, including call center access, service ticket management, and maintenance services, to ensure uninterrupted vehicle operations.
According to Abhishek Chaudhary, SVP of Sales and Marketing at VECV, the partnership marks a significant step forward in strengthening the EV ecosystem for commercial transportation in India. Akshit Bansal, CEO and Founder of Statiq, stated that the partnership aims to create a strong and efficient EV charging ecosystem for commercial vehicles, enabling a smoother transition to electric mobility.
The collaboration is expected to accelerate the adoption of EVs in India, supporting the country’s efforts to transition to sustainable transportation. The partnership between VECV and Statiq demonstrates the growing demand for EV charging solutions in the commercial vehicle sector, and the need for integrated and accessible charging infrastructure to support the adoption of electric vehicles.
Royal Enfield Evades US Tariffs by Shipping from India Ahead of Schedule – Bloomberg.com
Royal Enfield, the iconic motorcycle manufacturer, has reportedly dodged US tariffs by shipping its products from India to the United States ahead of schedule. According to a report by Bloomberg, the company, which is owned by Eicher Motors Ltd., had anticipated the imposition of tariffs by the US government and had accordingly adjusted its shipping schedule.
In June 2018, the US government announced plans to impose a 25% tariff on imported motorcycles from countries like India, in response to retaliatory tariffs imposed by India on American goods. However, Royal Enfield had already shipped a significant portion of its motorcycles to the US before the tariffs came into effect, thereby avoiding the additional tax.
The company’s move is seen as a strategic decision to mitigate the impact of the tariffs on its US business. By shipping its products early, Royal Enfield was able to clear customs and avoid the tariffs, which would have increased the cost of its motorcycles in the US market. The tariffs would have made Royal Enfield’s motorcycles more expensive for American consumers, potentially affecting sales and profitability.
Royal Enfield’s decision to dodge the tariffs has been seen as a clever move by industry experts. The company’s motorcycles are popular in the US, particularly among enthusiasts of classic and vintage bikes. By avoiding the tariffs, Royal Enfield has been able to maintain its competitive pricing and continue to attract customers in the US market.
It’s worth noting that Royal Enfield is not the only company to have taken steps to avoid the US tariffs. Several other Indian companies, including automakers and component suppliers, have also adjusted their shipping schedules and supply chains to minimize the impact of the tariffs.
The US tariffs on imported motorcycles have been a subject of controversy, with several countries, including India, the European Union, and China, imposing retaliatory tariffs on American goods. The tariffs have also sparked concerns about a potential trade war, which could have far-reaching implications for global trade and commerce.
In conclusion, Royal Enfield’s decision to ship its motorcycles from India to the US ahead of schedule has helped the company avoid the 25% tariff imposed by the US government. The move is seen as a strategic decision to protect the company’s US business and maintain its competitive pricing. As the global trade landscape continues to evolve, companies like Royal Enfield will need to remain agile and adapt to changing market conditions to stay ahead of the competition.
Eicher and AV Motors unveil Mumbai’s inaugural exclusive Pro X SCV Dealership, as reported by Motorindia.
Eicher Trucks & Buses, a division of VE Commercial Vehicles Ltd. (VECV), has launched its first exclusive dealership for the Eicher Pro X range in Mumbai. The dealership, operated by AV Motors, is strategically located in Bhindarpada, Thane, and offers a state-of-the-art facility with an omni-channel experience, advanced infrastructure, and a focus on sustainability. The dealership is designed as a born-digital outlet, integrating interactive digital displays, EV charging infrastructure, and a direct link to Eicher’s Uptime Centre, ensuring maximum vehicle availability and operational efficiency for transporters and fleet operators.
The launch of this dealership marks a significant shift in Eicher’s strategy, aligning with the company’s long-term vision of reshaping last-mile logistics through electric mobility, digital transformation, and customer-first operations. The Eicher Pro X series is a key player in the 2-3.5 ton small commercial vehicle (SCV) segment, which accounts for nearly 3.5 lakh units annually across India. The dealership is purpose-built to cater to the needs of SCV customers, with a dedicated workshop, service bays, and a customer lounge.
The Mumbai Metropolitan Region Development Authority (MMRDA) area has seen a sharp rise in demand for SCVs, with the total industry volume exceeding 12,000 units in the last financial year. Eicher aims to grow faster than the market average, with a focus on customer success and a tailored approach to meet the specific needs of SCV customers. The dealership has deployed a specialized staffing model, with customer engagement executives, CRM executives, product experts, and driver trainers to ensure efficient support to fleet operators and small business owners.
The dealership is also committed to sustainability, with a focus on electric mobility and green transport solutions. AV Motors has established a widespread service network across the MMRDA region, with five major workshops and two customer service touchpoints, ensuring that service and support are always within reach for customers. With a keen understanding of the evolving dynamics in urban transport, AV Motors and Eicher Trucks & Buses are set to redefine the small commercial vehicle landscape in Mumbai and beyond.
The launch of the dealership is a significant milestone in Eicher’s growth story, marking a decisive shift in strategy and a commitment to customer excellence. The company aims to accelerate its presence and relevance in the SCV segment, with a focus on electric mobility, digital transformation, and customer-first operations. With a strong service network, a tailored approach to meet customer needs, and a commitment to sustainability, Eicher is well-positioned to grow faster than the market average and establish itself as a leading player in the SCV segment.
Family office of Eicher promoters appoints top executive from the family office of Hero MotoCorp’s chairman.
The Lal family, promoters of Eicher Motors Ltd, which manufactures trucks, buses, and the iconic Royal Enfield motorcycles, has appointed the head of the family office of Hero MotoCorp Ltd’s chairman to lead its own family office operations. The appointment is a significant development for the family, as it continues to expand its influence in the Indian automotive sector.
The family office is responsible for managing the family’s wealth, investments, and philanthropic activities. With the appointment of the new head, the Lal family is expected to gain expertise and guidance in navigating the complexities of family wealth management.
However, the details of the appointment remain unclear, and the article is available only to subscribers.
Shaping Up in the Sky: The April Lyrid Meteor Shower
Get ready to witness the first major meteor shower of the spring, the Lyrids! This year, the peak viewing time is on April 22, with the shower visible from April 15 to April 29. Astronomy magazine Editor Dave Eicher invites you to head out and enjoy the show.
The Lyrids are characterized by a radiant point located in the constellation Lyra, hence the name “Lyrids.” To increase your chances of spotting some shooting stars, find a comfortable spot to view the night sky after midnight, when the most meteors are expected to appear.
A time-lapse image of the Lyrids, captured during 60 minutes of exposure, shows several meteors streaking across the sky one by one. The beautiful image, taken by Tony Hallas, is a great representation of what you can expect to see during the peak viewing period.
So, grab a blanket and head out to a dark spot away from city lights to maximize your viewing experience. Lie down, look up, and get ready to be amazed by the celestial display. With a few tips and tricks, you can increase your chances of spotting some magnificent shooting stars.
Remember, patience is key when viewing meteor showers. Take time to relax, and let your eyes adjust to the darkness. As the night wears on, you’ll be treated to a dazzling display of meteors streaking across the sky. Don’t miss out on this spectacular event, and experience the magic of the Lyrids for yourself.
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Celestial Highlights: Exploring the Winter Hexagon with Expert Insights
In this episode, Astronomy magazine editor Dave Eicher invites readers to create a giant figure in the night sky using six of the brightest stars. The Winter Hexagon is a six-sided figure composed of Sirius, the brightest star, and three other top-10 brightest stars, including Capella, Rigel, and Procyon. Eicher provides a unique opportunity for readers to observe and appreciate the beauty of the night sky without the need for any equipment.
To create the Winter Hexagon, readers can use their eyes to connect the six stars, forming a geometric figure that can be easily spotted in the winter sky. This fun and accessible activity allows individuals to connect with the vastness of the universe and appreciate the beauty of the celestial bodies.
The article provides a list of social media accounts to follow for astronomy enthusiasts, including Astronomy magazine, Celestron, and Dave Eicher’s personal accounts. These resources offer a wealth of information, news, and updates on the latest discoveries and trends in the field of astronomy.
In addition to the article, readers can also explore the accompanying social media links to stay updated on the latest developments in astronomy and to connect with like-minded individuals. Whether you’re a seasoned astronomer or just starting to explore the night sky, this article and accompanying resources offer a wealth of opportunities to engage with the world of astronomy and make the most of your observations.
Eicher inaugurates its first exclusive showroom for Pro X small trucks in Mumbai, ETAuto
Eicher Trucks & Buses, a division of VE Commercial Vehicles Ltd, has inaugurated its first exclusive dealership for the Eicher Pro X range in Bhindarpada, Thane. The dealership, operated by AV Motors, is designed to provide an enhanced vehicle-buying and servicing experience through advanced technology. The facility is strategically located to serve key logistics hubs, industrial areas, and business districts in Mumbai, making it an important access point for fleet owners and transporters seeking efficient and connected small commercial vehicles.
The dealership features dedicated EV charging infrastructure, including fast and slow chargers, and EV-specific service bays to meet the growing demand for electric small trucks. The facility is also connected to Eicher’s Uptime Centre, ensuring vehicle availability and operational efficiency, and providing customers with access to trained technicians, doorstep service bikes, and GPS-enabled on-road breakdown support.
The dealership introduces an omni-channel retail experience with advanced digital tools, including a customization zone where customers can select from multiple cargo body designs, load decks, fuel variants, and color options. This approach aims to provide a more informed and flexible decision-making process for customers.
The dealership is part of Eicher’s commitment to sustainable mobility and has partnered with Charging Point Operators (CPOs) to provide access to over 14,000 EV charging stations across India. The facility is expected to shape the future of last-mile logistics and enhance customer experience. With the opening of this dealership, Eicher aims to provide innovative products and a better retail and service experience to its customers.
Volvo-Eicher’s joint venture stands out as a beacon of success in an industry largely dominated by the likes of Tata and Ashok Leyland.
The Volvo-Eicher venture, a joint venture between Swedish automaker Volvo and Indian company Eicher, is considered a rare success story in the Indian automotive industry, ruled by Tata and Ashok Leyland. The joint venture was established in 2004, with the goal of creating a range of medium and heavy commercial vehicles.
The partnership was a strategic move by both companies to tap into the growing demand for commercial vehicles in India. Volvo, a global leader in the truck and bus manufacturing industry, brought with it its expertise in technology, design, and manufacturing, while Eicher, a well-established player in the Indian market, provided a strong brand and local knowledge.
Under the joint venture, the companies developed a range of products, including the Eicher Pro 1000 range of trucks and buses, which were designed to meet the needs of the Indian market. The venture was a massive success, with the Eicher Pro 1000 range quickly gaining popularity among customers for its high-performance, fuel efficiency, and durability.
One of the key factors contributing to the success of the venture was the blending of Swedish technology with Indian ingenuity. The partnership allowed for the creation of a product line that not only met but exceeded customer expectations. The joint venture also provided opportunities for the transfer of skills and knowledge between employees from both companies, leading to a significant increase in local expertise in the Indian automotive sector.
The success of the joint venture has also led to increased competition in the industry, with other global players, including Scania and Mercedes-Benz, entering the Indian market. However, the Volvo-Eicher joint venture remains a dominant player in the medium and heavy commercial vehicle segment, with a strong reputation for quality, reliability, and performance.
The joint venture has also had a positive impact on the Indian automotive industry as a whole, contributing to the growth and development of the sector. It has also created new job opportunities and stimulated local innovation, making it a model for other international partnerships in the industry.
In conclusion, the Volvo-Eicher joint venture is a testament to the success that can be achieved through strategic partnerships and collaborative working. The blending of global expertise with local knowledge has enabled the creation of a range of innovative, high-quality products that have made a significant impact on the Indian automotive industry.
Eicher Pro X series of small trucks are poised to rev up sustainable logistics in key Indian markets.
Eicher Pro X, a range of small trucks by Eicher Trucks and Buses, a leading player in the commercial vehicle industry, is set to make a significant impact in reinforcing sustainable logistics in major Indian markets. The company’s focus on sustainable logistics is driven by its commitment to reducing emissions and environmental concerns.
Eicher Pro X is designed to provide efficient and cost-effective logistical solutions to customers, with a focus on eco-friendly features. The trucks are powered by advanced technology, which ensures reduced emissions and noise pollution. The Eicher Pro X range is available in a variety of sizes, from 4-8 tons, catering to diverse customer needs.
The company has identified major Indian markets, including cities like Delhi, Mumbai, Bangalore, and Chennai, where it plans to deploy its Pro X trucks. Eicher’s partnership with logistics companies, infrastructure providers, and fleet operators will help to integrate the Pro X range into the existing supply chain, enabling seamless logistics operations.
Eicher’s foray into sustainable logistics is driven by the need to address the growing concerns over environmental degradation and pollution caused by the transportation sector. The company recognizes that logistics play a critical role in economic growth and is committed to reducing its carbon footprint by offering eco-friendly solutions.
The Eicher Pro X range is designed to offer a range of benefits, including reduced fuel consumption, lower emissions, and improved safety features. The trucks are equipped with advanced technology, such as automatic transmissions, GPS, and reverse camera, to ensure safe and efficient operations.
Eicher’s commitment to sustainable logistics is in line with the government’s initiatives to reduce emissions and promote eco-friendly practices. The company’s efforts are expected to contribute to a cleaner and more environmentally friendly logistics industry, thereby supporting the country’s economic growth and development.
In conclusion, Eicher Pro X, with its focus on sustainability, is poised to revolutionize the Indian logistics sector. The range of small trucks is designed to cater to diverse customer needs, offering efficient and cost-effective logistical solutions. Eicher’s commitment to sustainability and environmental concerns is reflective of the company’s dedication to reducing emissions and promoting eco-friendly practices, aligning with the government’s initiatives to reduce pollution and promote sustainable development.
Cosmic Connections: A Weekly Update with Dave Eicher on the Celestial Alignments
In this article, Astronomy magazine Editor Dave Eicher encourages readers to venture out into the evening and observe the planets in the sky. According to Eicher, three planets are particularly worth a look: Mars, Jupiter, and Venus. Mars, often referred to as the “Red Planet”, is currently the highest and brightest planet in the evening sky. Jupiter, though lower in the sky, is still visible and noticeably bright. Venus, on the other hand, is positioned low in the western horizon and is actually the brightest of the three, but it won’t be in the evening sky for much longer – it is expected to move into the morning sky soon. Eicher advises readers to be quick about spotting Venus while it’s still visible in the evening, as it won’t be there for much longer.
Overall, this article is an invitation to amateur astronomers and stargazers to get out and enjoy the evening sky, with a specific focus on the planets that are currently visible. It’s a great opportunity for people to get outside, cloud permitting, and take a few minutes to appreciate the beauty of the night sky and the planets that inhabit it. The article provides a sense of urgency around spotting Venus, as it will soon be changing its position in the sky, making it only visible in the morning instead.