VECV surpasses 100,000 annual commercial vehicle sales in FY26, sets records
VE Commercial Vehicles (VECV) has sold over 100,000 vehicles in fiscal year 2025-26, its highest-ever annual sales, driven by strong demand across segments.
- 100,000+ units
- 47,789 units
- 26,867 units
What Happened
100,000+units
Highest-ever annual sales for VECV
- Light & Medium Duty trucks: 47,789 units (46.1%)
- Heavy Duty trucks: 26,867 units (25.9%)
- Bus segment: 19,363 units (18.7%)
VECV, a joint venture between Volvo Group and Eicher Motors, achieved this milestone by offering an application-specific portfolio with superior uptime and fuel efficiency. The company operates eight plants in India, including an Industry 4.0-enabled facility in Bhopal, and is building an automated manual transmission plant in Ujjain. It continues to drive modernization with sustainable solutions and connected telematics.
“Crossing the milestone of 1,00,000 vehicles in a year is a significant achievement for VECV and reflects the trust our customers have placed in our products and solutions. This milestone also fulfils a key part of the original vision set at the inception of the Volvo–Eicher joint venture, underscoring the strength and long-term strategic direction of our partnership. As we move forward, we remain ”
Why this matters
The milestone reflects the success of the Volvo-Eicher joint venture and VECV's growing role in India's commercial vehicle market, with a focus on sustainable and connected solutions.
Terms in This Story
- BSVI
- Bharat Stage VI, India's emission standard for vehicles, equivalent to Euro VI.
- Telematics
- Technology that combines telecommunications and informatics to monitor vehicle data and improve fleet efficiency.
- Industry 4.0
- The fourth industrial revolution, characterized by automation, data exchange, and smart manufacturing.
- Atmanirbhar Bharat
- A government initiative promoting self-reliance and domestic manufacturing in India.
Summarised from the linked release; details can be imperfect — always verify against the original source.