Eicher forays into small commercial vehicles segment

SCV is a sub-segment of light commercial vehicles (LCVs) and includes pick-ups and mini trucks of less than 3.5 tonne GVW (gross vehicle weight).

eicher, cv, lcv, commercial vehicle, industry
This new truck is scheduled for customer trials in April 2024, with commercial rollout expected in the first quarter of 2025. (Bloomberg)

On the third day of the Bharat Mobility Global Expo, Eicher Trucks & Buses — a division of VECV — announced entry into the small commercial vehicle (SCV) segment with the global unveil of its electric-first truck.

“This electric-first Eicher truck is a great machine for those operating in the city and near-city distribution markets and will transform last-mile logistics,” Vinod Aggarwal, MD & CEO, VECV, told FE.

“Deliveries of this truck will commence starting Q1-2025, and it will also be progressively available in clean diesel and CNG variants.”

SCV is a sub-segment of light commercial vehicles (LCVs) and includes pick-ups and mini trucks of less than 3.5 tonne GVW (gross vehicle weight). The top players in this segment have been Mahindra and Tata, and the market size of SCVs last year about was 40,000 units per month.

Aggarwal said he hopes the SCV sub-segment will be the fastest-growing space within CVs. “As India grows in the Amrit Kaal, the SCV segment will be driven by rapid urbanisation, booming e-commerce, increased personal consumption, and the rise of the hub-and-spoke distribution models. Our upcoming range will play a key role in this transformation,” he said.

This new truck is scheduled for customer trials in April 2024, with commercial rollout expected in the first quarter of 2025. Aggarwal said the truck has been designed and developed in India and will be manufactured at the company’s facility in Bhopal.

VECV, however, didn’t share the timeline for the launch of clean diesel and CNG variants of this SCV, but Aggarwal said that these variants will follow soon after the electric.

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This article was first uploaded on February four, twenty twenty-four, at zero minutes past four in the morning.
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