The Volvo Eicher CV partnership forecasts a 5% increase in vehicle prices, with the implementation of the second phase of the Bharat Stage VI emission norm.

VECV is a joint venture between the Volvo Group and Eicher Motors. The prices of VE Commercial Vehicles (VECV) models are anticipated to increase by up to 5% as a result of the country's implementation of tighter emission standards in April 2023. The increase is being driven by the implementation of emission standards beginning that will go into effect in April 2023.

The brand offers trucks ranging in GVW from 4.9 to 55 tonnes. Furthermore, it has a diverse fleet of buses with seating capacities ranging from 12-72 in light, medium, and heavy-duty applications.

The Indian automobile industry is currently progressing and working to ensure that its vehicles fulfil the second phase of the Bharat Stage VI emission norm.

More modern equipment will be required for four-wheeler passenger and commercial vehicles. These accessories will assist the vehicle in meeting the next level of emission regulations. These vehicles must have onboard diagnostic systems to monitor real-time emission levels.

Furthermore, various technologies, such as the catalytic converter and oxygen sensors, will monitor emission regulations. It will assist the device in keeping a careful eye on the emissions. In the instance that the emissions surpass the parameters, the sensor will notify the driver via warning lights that the vehicle must be serviced.

India progressed from BS-IV to BS-VI emission standards on April 1, 2020. During the transition, the Indian vehicle sector spent approximately Rs 70,000 crore to improve its technologies.