Eicher Motors to integrate EV teams with core business

Eicher Motors Ltd on Monday (October 13) announced a strategic restructuring to accelerate its electric vehicle (EV) plans by integrating its EV brand and commercial teams with its core business operations. The company said the move aims to leverage its full organisational strength, scale, and expertise to execute its EV strategy with greater speed and precision.

As part of this transition, Mario Alvisi, Chief Growth Officer, Electric Vehicles, has resigned from his position, effective December 31, 2025.

In an exchange filing, the maker of Royal Enfield motorcycles stated, "To accelerate our progress in Electric Vehicles, we are strategically integrating the EV brand and commercial teams with our core commercial and brand organisations. This integration harnesses our company’s full strength, scale and expertise to execute our EV strategy with speed and precision."

The integration marks a consolidation phase for Eicher’s EV business as it seeks to build synergies between its electric and internal combustion operations. The company has been strengthening its focus on premium motorcycles and sustainable mobility through Royal Enfield’s EV initiatives and its commercial vehicle arm, VE Commercial Vehicles.

Eicher Motors share price closed 0.67% lower at ₹6,918 on Monday. The stock has, however, gained over 41% in the year so far.

Also Read: Lodha acquires 100% stake in Chaitanya Bilva for ₹500 crore, adds 8.37-acre Bengaluru land