Eicher Motors Shares Fall 1% as EV Teams Merge with Core Business

3 hours ago 9

October 14, 2025October 14, 2025

Shares of Eicher Motors Ltd fell 1% after touching a day’s high of Rs 6,942 on 14th October, despite the company announcing a strategic restructuring on Monday, 13th October, to accelerate its electric vehicle (EV) plans by integrating its EV brand and commercial teams with its core business operations. 

The move aims to leverage the company’s full organisational strength, scale, and expertise. This will allow them to execute their EV strategy more quickly and efficiently.

As part of the transition, Mario Alvisi, Chief Growth Officer for Electric Vehicles, will step down from his role, effective 31st December 2025.

In an exchange filing, Eicher Motors said it is integrating its EV brand and commercial teams with its core business. This integration is to accelerate their electric vehicle plans. The company believes this move will enable it to utilise its full strength and expertise. Consequently, it will execute its EV strategy more quickly and efficiently.

The integration marks a key consolidation phase for Eicher’s EV business. They seek to establish stronger connections between their electric and internal combustion operations. The company continues to focus on premium motorcycles and sustainable mobility through Royal Enfield’s EV projects and its commercial vehicle division, VE Commercial Vehicles.

At 3:30 PM, the shares of Eicher Motors ended 0.56% lower at Rs 6,873 on NSE.

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