VE Commercial Vehicles (VECV), the joint venture between Sweden's Volvo Group and Eicher Motors, is reportedly working on a series of projects including development of low-cost AC buses, electric mobility solutions and setting up of assembly plants outside India. VECV is said to be developing a new range of light and heavy duty buses meant exclusively for the Middle-East and African markets.
Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.
