Latest news with #MyEicher
Time of India
31-07-2025
- Automotive
- Time of India
Eicher Motors net profit rises 9.4% to ₹1,205 crore in Q1
Eicher Motors Limited (EML) on Monday announced that it has clocked a 9.4 per cent year-on-year (YoY) growth in its profit after tax for the April-June (Q1) period of the current financial year (FY26). The company's net profit stood at ₹1,205 crore during the period, while its EBITDA rose by 3.2 per cent to ₹1,203 crore. The automaker attributed the growth to strong momentum in both its premium motorcycle brand Royal Enfield and its commercial vehicle arm, VE Commercial Vehicles ( VECV ). The company registered a consolidated revenue from operations of ₹5,042 crore in Q1 FY26, registering a growth of 14.8 per cent over ₹4,393 crore in the same quarter last year. Royal Enfield sales Royal Enfield sold 2,61,326 motorcycles in the quarter, a 14.7 per cent increase over Q1 FY25. Growth was driven by continued demand for its refreshed product portfolio, including the updated Hunter 350 and an expanded presence in international markets. Notably, the locally assembled Classic 350 was introduced in Nepal, marking deeper regional penetration. 'Our growth this quarter has been driven by sustained momentum in both Royal Enfield and VECV,' said B Govindarajan, MD of Eicher Motors and CEO of Royal Enfield. 'We are expanding our portfolio, investing in immersive riding experiences, and growing our global presence — all while strengthening our focus on customer-centric innovation and community engagement.' VECV sales VECV posted a revenue of ₹5,671 crore in Q1 FY26, up 11.9 per cent over last year. It sold 21,610 units during the quarter, reflecting a growth of 9.7 per cent. While EBITDA rose 32.6 per cent to ₹511 crore, the company noted that profit after tax was lower due to a one-off deferred tax reversal in the base quarter. VECV's market share rose to 18.7 per cent, driven by leadership in the light and medium-duty truck segment (34.5 per cent share) and strong performance in buses, where volumes grew 14.8 per cent. Exports rose 20.5 per cent year-on-year. The company also noted growing traction for its all-electric Eicher Pro X in the 2.0–3.5T segment, and increasing adoption of its 'My Eicher' connected vehicle platform, which now covers 3.5 lakh vehicles. Vinod Aggarwal, MD and CEO of VECV, said: 'We delivered our best-ever Q1 performance and expanded our presence in a largely flat market. Our robust product portfolio and investments in sustainable transport solutions ensure we are well-positioned for future growth.'
India Today
29-07-2025
- Automotive
- India Today
Eicher unveils next-gen Pro Plus range of light, medium duty trucks
Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV), has launched its latest Pro Plus Series, a new range of next-generation Light and Medium Duty (LMD) trucks. With this launch, Eicher aims to redefine its leadership in the segment by delivering high-performance, future-ready, and connected mobility solutions tailored to India's fast-evolving logistics and supply chain new Eicher Pro Plus range builds on the trusted legacy of the Eicher Pro Series and introduces significant enhancements in payload capacity, fuel efficiency, and driver comfort. The trucks come with a factory-fitted air-conditioned ergonomic cabin, offering intelligent climate control and segment-first features aimed at improving both vehicle and driver to maximise lifecycle profitability for fleet operators, the range offers 100% connectivity through Eicher Live and the MyEicher app. These platforms provide real-time diagnostics, fleet insights, and remote support, complemented by a nationwide dealer network and a 24x7x365 Uptime Centre to ensure seamless service and maintenance support. Vishal Mathur, Executive Vice President, Light & Medium Duty Trucks, VECV, said, "Over the years, Eicher Trucks and Buses have won the trust of customers by delivering solutions that enhance value to their business. With our continued focus on fuel efficiency, uptime, and digitalisation, the Plus range provides customers with a profitable combination of performance and sustainability. These trucks are built not only for today's needs but also for the rapidly evolving demands of India's supply chains. The new range is a result of deep customer engagement and future-focused engineering. By combining industry leading vehicle productivity with features that improve driver productivity, we are offering customers a truly differentiated platform that supports both intra-city and longer-haul applications. This range further enables us to lead with value, innovation, and customer-centricity in the LMD segment."Each model in the Pro Plus lineup is engineered for a specific application. The Eicher Pro 3018XP Plus is ideal for long-haul transport, equipped with a powerful 160bhp engine, sleeper cabin, and multiple fuel tank options. The Pro 2118XP Plus is optimised for intercity movement with a compact turning radius and agile performance. For city logistics, the Pro 2059 Plus delivers class-leading payload and body options in a 7.5T GVW lineup also includes the Pro 2095XP Plus, offering unmatched configurability for sectors like FMCG and e-commerce, and the compact yet capable Pro 2049 Plus, built for last-mile and intra-city deliveries. Rounding out the range is the Pro 2110XPT Plus, a smart 14T tipper with high torque output and rugged performance for construction and infrastructure advanced features like smart air-conditioning that automatically cuts off during idling for fuel savings, ergonomic design, and extended cargo bodies to reduce the need for aftermarket modifications, the Pro Plus Series is designed to address the operational needs of modern fleet to Auto Today Magazine- Ends
Time of India
29-07-2025
- Automotive
- Time of India
Eicher Trucks and Buses launches Pro Plus range for light and medium duty segment
Eicher Trucks and Buses , a division of VE Commercial Vehicles (VECV), has launched its new Eicher Pro Plus Series aimed at India's light and medium duty (LMD) trucking market. Announced on July 29, 2025 in Pithampur, Madhya Pradesh, the new range is designed to address evolving logistics requirements through improvements in payload capacity, fuel efficiency , digital connectivity, and operational flexibility. The new series builds upon the established Eicher Pro platform and features factory-fitted air-conditioned cabins, extended cargo body options, and full integration with Eicher's connected platforms—Eicher Live and the MyEicher app, the company said in a statement. These allow real-time diagnostics and fleet tracking, supported by a nationwide dealer and service network. The company states that these enhancements are intended to improve overall productivity for fleet operators. Vishal Mathur, Executive Vice President of Light & Medium Duty Trucks at VECV, said, 'With our continued focus on fuel efficiency, uptime, and digitalisation, the Plus range provides customers with a profitable combination of performance and sustainability. This range further enables us to lead with value, innovation, and customer-centricity in the LMD segment.' Models and specifications The Pro Plus range includes six different models catering to various transport needs. The Eicher Pro 3018XP Plus is an 18.25-tonne GVW truck with a 2.1-metre sleeper cabin and 160 HP engine, designed for long-haul and FMCG logistics. The Eicher Pro 2118XP Plus, also at 18.25 tonnes GVW, features a day cabin and is tailored for urban and intercity deliveries. The Eicher Pro 2059 Plus is a 7.5-tonne GVW vehicle intended for city-based logistics, offering a high payload and long cargo body. On the other hand, the Pro 2095XP Plus, with a GVW of 11.5 tonnes, provides multiple wheelbase and cargo configurations for sectors such as e-commerce and general cargo. The Eicher Pro 2049 Plus is a 5.5-tonne GVW truck focused on intra-city deliveries, noted for its tight turning radius and cargo space. Lastly, the Eicher Pro 2110XPT Plus is a 14-tonne tipper variant for construction and infrastructure applications, equipped with a 160 HP engine and 500 Nm torque. With this launch, Eicher aims to position itself not only as a commercial vehicle manufacturer but as a provider of transport solutions that combine connected technology and application-specific design to support the country's growing logistics ecosystem.
News18
04-06-2025
- Automotive
- News18
VECV & Statiq Partners To Supercharge Eicher EVs With 8,000+ Charging Points
Last Updated: Through this partnership, Eicher and Volvo truck and bus customers will get easy access to over 8,000 charging stations across India. VE Commercial Vehicles (VECV) has signed a major partnership deal with Statiq, a top electric vehicle (EV) charging solutions provider. The goal is to speed up the adoption of Eicher's new electric trucks, especially the recently launched Eicher Pro X range of Small Commercial Vehicles. Call center support Service ticket tracking Quick repairs & maintenance Dedicated contact points for fast resolution Additionally, Statiq will map out charging hubs with ample infrastructure and parking on the My Eicher app, covering all vehicle types. About the Author Samreen Pall First Published: June 04, 2025, 08:11 IST
Time of India
28-05-2025
- Automotive
- Time of India
VECV partners with Statiq to expand EV charging infrastructure
VE Commercial Vehicles (VECV) has entered into a partnership with Statiq, a provider of EV charging solutions, to support the adoption of electric vehicles (EVs) in India. The collaboration will focus on offering charging access for Eicher's electric trucks and buses, particularly the newly launched Eicher Pro X range of small commercial vehicles. Under the agreement, Statiq will provide Eicher customers access to its network of over 8,000 charging points aggregated from leading charge point operators (CPOs) across India. Statiq will also become one of VECV's preferred suppliers for AC and DC charging equipment, managing installation and support services for commercial EVs. Integration with fleet management The partnership will also see the integration of Statiq's network with VECV's My Eicher app, a connected fleet management platform. This will allow Eicher EV users to locate charging stations, navigate efficiently, and access tariff information in real time. Promotional offers and preferential tariffs will be introduced for Eicher truck and bus operators as part of efforts to encourage EV adoption. Abhishek Chaudhary, SVP, Sales & Marketing, Small Commercial Vehicles, VECV, said: 'Our partnership with Statiq marks a significant step forward in strengthening the EV ecosystem for commercial transportation in India. By offering an integrated solution to customers through the industry leading MyEicher App, we aim to deliver a hassle-free and reliable experience to our customers. This collaboration will also empower Eicher Pro X electric customers with enhanced convenience, confidence, and operational efficiency, accelerating the shift towards sustainable transportation .' Akshit Bansal, CEO & Founder, Statiq, added: 'Our partnership with VE Commercial Vehicles is a milestone in our journey to create a strong and efficient EV charging ecosystem for commercial vehicles in India. By integrating our expansive charging network with VECV's MyEicher, we aim to provide users with a seamless, tech-driven charging experience that removes barriers to EV adoption. With this initiative, we are committed to enabling a smoother, faster transition to electric mobility for commercial vehicle operators.' The companies will also jointly establish a support system that includes call centre access, service ticket tracking, troubleshooting, repair, and maintenance. A dedicated point of contact (POC) model will be implemented, and charging hubs with sufficient infrastructure and parking will be mapped on the My Eicher platform. As part of broader EV infrastructure efforts, the partnership will deliver turnkey projects covering installation, operation, and maintenance of charging stations. Plans also include mobile charging solutions and shared revenue models for partners hosting charging infrastructure.
