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HINDUJA GROUP EV
Ashok Leyland sets sights on global top-10 league with Uttar Pradesh debut plantAmbitiously aiming for a place in the global commercial vehicle elite, Ashok Leyland has launched its inaugural manufacturing plant in Utta...
Hinduja Group to invest Rs 20,000 cr in Andhra across energy, EV sectorsHinduja Group will invest twenty thousand crore rupees in Andhra Pradesh. This investment will be made in phases. The group will expand its...
Hinduja Group eyes strategic investments in EVs, energy and banking in Uttar PradeshThe Hinduja Group is eager to invest in Uttar Pradesh's EV, energy, and banking sectors, as discussed in a recent meeting. Ashok Leyland's ...
Ashok Leyland to invest Rs 1,200 crore in Switch MobilityAshok Leyland has announced that the board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditu...
Gulf Oil Lubricants to acquire controlling stake in Tirex Transmission for Rs 103 crThe acquisition is a part of the company's global ambition towards being a leader in the EV charging ecosystem, a market which is already v...
Switch Mobility to launch five new models in FY24According to Hinduja, the first of the five models planned for FY24 will be an electric bus meant for the European markets. It is expected ...
Delay in expansion plans as we want right partner for EV business: Ashok Leyland"We (Switch Mobility) are in a very different position because we have a number of products operating in India, the United Kingdom. The mai...
Gulf Oil's core business growing in double digitsIn an interview, Sanjay Hinduja, chairman of Gulf Oil Lubricants India, said the company has grown at an average of 2X to 3X compared with ...
Gulf Oil Lubricants climbs 3% after partnership with Switch Mobility & Piaggio to supply EV fluidsAt 10:37 am, the scrip was trading 2 per cent higher at Rs 437 over its previous day’s closing price of Rs 429 apiece. The stock has fallen...
Ashok Leyland to roll out their electric LCVs within six months: Dheeraj HindujaThe e-commerce boom post-Covid, the changes in purchasing habits and demand from the agricultural sector have resulted in an increase in la...
Switch Mobility unveils electric bus platform EiV12The buses will be available in variants based on travel which ranges between 100km to 300km on a single charge. According to company Direct...
Switch Mobility closing in on $200 million fund raise, says Dheeraj HindujaThe fundraise will meet the investment requirement of over $500 million in the next 3-5 years for Hinduja Group EV endeavours. The money wi...
Ashok Leyland to transfer complete electric vehicles business to new arm Switch MobilityThe new company will be launching an electric van in India by the end of this year and it will be aimed at commercial vehicle fleet operato...
Ashok Leyland appoints former president and CEO of Aston Martin Andy Palmer as its Executive VC and CEO of EV arm Switch MobilityA new leadership team has been appointed to leverage the legacy manufacturing and innovation capabilities of Ashok Leyland and Optare, whil...
Hinduja group eyes critical share of London Bus EV plan with optareHinduja Group in 2013, Optare took a decision to shift focus to electric buses from conventional diesel buses in 2017 and the company stand...
Open for partnerships in electric vehicle space: Ashok LeylandHinduja said the company already has electric bus on the ground and is now making efforts to develop new range of such buses as well.
Ashok Leyland plans to scale up light commercial vehicle business, international operationsFor the electric vehicle (EV) segment, Ashok Leyland is also looking to tap the proven success of its Optare bus range in the United Kingdo...