Eicher Motors Limited (EICHERMOT.BO)

Amazon Strikes Deal With Volvo's India JV For 1,000 Electric Trucks

This story was first published on the Benzinga India portal. Eicher Trucks and Buses, a joint venture between the Volvo Group (OTC: VLVLY) and Eicher Motors that operates under VE Commercial Vehicles (VECV), has sealed a deal with e-commerce giant Amazon.com Inc (NASDAQ: AMZN), targeting the electrification of Amazon’s delivery fleet in India. What Happened? The pact will witness the roll-out of a whopping 1,000 electric trucks over the next five years, bolstering Amazon’s eco-friendly delivery