Eicher Motors Limited announced that Mr. Mario Alvisi, Chief Growth Officer for Electric Vehicles, has tendered his resignation, effective December 31, 2025.
The company is strategically integrating its EV brand and commercial teams with core commercial and brand operations to accelerate execution of its electric vehicle strategy.
Eicher Motors informed both BSE and NSE about the resignation of Mr. Alvisi. He will continue in his role until the close of business on 31st December 2025.
This resignation comes at a pivotal moment as the company seeks to integrate its EV operations with broader commercial teams, leveraging the company’s scale, expertise, and resources for faster execution of its electric vehicle growth strategy.
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Eicher Motors explained that the resignation aligns with its strategic integration plan:
The company believes this consolidation will improve efficiency and coordination, driving innovation and faster market response in the growing EV sector.
Eicher Motors shares were trading at ₹6,900.50, down ₹11.50 (-0.17%) at 9:40 AM on the NSE from the previous close of ₹6,912. The stock opened at ₹6,939.50, touched an intraday high of ₹6,942.00 and a low of ₹6,887.00.
Read More: Skoda Plans India EV Entry, Delays Launch to Build Supplier Base & Infra First.
The company’s focus on integrating its EV and commercial operations underscores its commitment to scaling its electric vehicle strategy efficiently. Stakeholders and investors will be watching closely how this integration impacts EV business growth and overall company performance.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 14, 2025, 9:43 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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