Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal

Auto industry has 'mostly overcome' semiconductor issue, says leader of Volvo Eicher Commercial Vehicles

Volvo Eicher Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, is focused on alternate fuels and electric vehicles, said Vinod Aggarwal, managing director and chief executive officer, of the company.

Vehicle price hike due to India introducing BS VI pollution norms will within 5 per cent, said Aggarwal, who is also the vice president of the Society of Indian Automobile Manufacturers (SIAM). Aggarwal spoke to Shine Jacob about electric vehicles, the semiconductor crisis and the Auto Expo.

Here are edited excerpts from the interview.

At Auto Expo, a lot of focus is being given on alternate