In Short : Ashok Leyland will invest ₹5,000 crore over the next decade to strengthen India’s battery ecosystem. The company aims to localize production of advanced batteries for electric vehicles and energy storage systems. Partnering with China’s CALB Group and setting up a Global Centre of Excellence, Ashok Leyland targets sustainable, self-reliant energy solutions while […]
Ashok Leyland partners with Aidrivers for autonomous electric terminal trucks – EQ Mag
This unique truck model, based on an Ashok Leyland platform and equipped with Aidrivers’ autonomous eco-system will be produced at the company’s manufacturing facilities. Ashok Leyland, the flagship of the Hinduja Group, and Aidrivers, the global specialist in AI-enabled autonomous solutions across industrial mobility are partnering to produce autonomous electric terminal trucks to address the […]
RIL, Ashok Leyland unveil India’s first hydrogen-powered truck- EQ Mag
RIL, Ashok Leyland unveil India’s first hydrogen-powered truck Mukesh Ambani-led Reliance Industries (RIL) and Ashok Leyland on Monday unveiled India’s first Hydrogen Internal Combustion Engine (H2-ICE) powered truck at the India Energy Week in Bengaluru. RIL and Ashok Leyland, the Indian flagship company of the Hinduja Group and India’s leading commercial vehicle manufacturer, were working […]
Delay in expansion plans as we want right partner for EV business: Ashok Leyland – EQ Mag Pro
The city-headquartered company of the Hinduja Group is planning to raise around $200-250 million to support its electric vehicles (EV) arm — Switch Mobility Hinduja Group flagship Ashok Leyland is in advanced stage of discussions with investors for its electric vehicle business and the delay was largely to ensure that the company has the ‘right […]
Ashok Leyland Likely to Set Up Separate Plant for EVs With Rs 500-Crore Investment – EQ Mag Pro
Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […]
Ashok Leyland mulls setting up separate production plant for electric vehicles – EQ Mag Pro
Ashok Leyland has also lined up an investment of ₹500 crore to develop powertrains based on alternative fuels such as CNG and hydrogen. Commercial vehicle maker Ashok Leyland is mulling to set up a new manufacturing facility for the production of electric vehicles (EVs). The Chennai-based company aims to expand its EV portfolio as well […]
Ashok Leyland mulls separate plant for EVs, Rs 500 cr investment for alternative fuel tech – EQ Mag Pro
The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like CNG, hydrogen and electric for its commercial vehicles range. Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll […]
Ashok Leyland partners with Aidrivers to develop AI-enabled autonomous vehicles – EQ Mag Pro
MUMBAI: Commercial vehicle maker and Hinduja Group flagship firm Ashok Leyland has partnered with Aidrivers for the development of artificial intelligence-enabled autonomous vehicles. Aidrivers founder Rafiq Swash said the company provides autonomous mobility solutions for industrial mobility automation which optimise clients’ business operations and enable the delivery of quality services. The two companies signed an […]
Looking for strategic, financial partner for Switch Mobility: Ashok Leyland – EQ Mag Pro
The board of Ashok Leyland recently approved the transfer of electric vehicles business into the subsidiary Switch Mobility Automotive Ltd. CHENNAI: Hinduja Group flagship Ashok Leyland is looking for investors both strategic and financial for its electric vehicle arm Switch Mobility as the electric vehicle initiative was going to be crucial to the commercial vehicle-manufacturer, […]
Pay-By-Mile Option For Ashok Leyland Electric Vehicles
The company is launching OHM Mobility Solutions as battery costs and the consequent EV acquisition remains a high-value proposition Switch Mobility, Ashok Leyland’s electrical vehicle arm, is looking at a subscription based model to drive zero carbon mobility on a mass scale. As battery costs and the consequent EV acquisition remains a high-value proposition, the […]