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Ashok Leyland shares rise 3% after Q3 profit surges 36% YoY. Should you buy, sell, or hold?Shares of Ashok Leyland surged by up to 2.6% after the company posted a 36% YoY increase in consolidated net profit for Q3FY25. The auto ma...
Tata & Ashok Leyland get busy on a bumpy road to India's green transport pushIndia is prioritising electric buses to curb emissions and traffic congestion. Ashok Leyland, Tata Motors, and Olectra Greentech plan to de...
Leyland wasn't aggressive in bidding for e-bus tenders: Dheeraj HindujaThe comment of the chairman of India's second-largest bus maker comes even as the government has to some extent addressed the industry's co...
4 stocks with up to 44% one-year upside potential4 stocks with up to 44% one-year upside potential
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...
Mumbai's 200 e-double decker bus plan faces regulatory issue, Switch Mobility seeks price revision as per deal termsSwitch Mobility is a key player in the private sector for which it is supplying single and double decker buses. “The Market of e-bus with t...
Switch Mobility rolls out electric-LCVs with car like featuresThe vehicles have a 330 V high voltage EV architecture and are equipped with spacious cargo bodies. The company has secured 13,000 orders f...
Bengaluru-Chennai express highway to become operational by this year-end, says Nitin GadkariThe Bengaluru-Chennai express highway is expected to be launched by the end of this year or January 2024, according to Union Minister for R...
Electric buses: A sustainable financial model is needed to mainstream these expensive vehiclesAs far as order books are concerned, JBM Auto currently leads with 5,000 electric bus orders both from state transport undertakings and pri...
India's first AC double decker e-bus inducted into BEST fleetThe new e-bus sports two doors and an equal number of staircases for accessing the upper decks, as compared to its conventional counterpart...
Switch Mobility, JBM Auto, PMI Electro Mobility win $362 mln e-bus contracts from CentreAshok Leyland's Switch Mobility, JBM Auto and PMI Electro Mobility have emerged as the lowest bidders for a 30 billion rupee ($362.24 milli...
India's e-bus ambition hits financing speed bumpThe lack of funding is limiting the ability of e-bus makers to participate in federal government tenders to supply to states, the sources t...
CESL plans mega tender of 50,000 e-buses over 5 yearsCompany’s managing director, Mahua Acharya, said after such mega tenders are set to lower costs, she expects state transit utilities to eve...
Maharashtra, UP lead India’s drive towards electric future“Twenty-seven states have moved forward in formulating their EV policies, and 18 states/ UTs have already notified their EV policy,” said K...
Ashok Leyland wins Bangalore Metropolitan Transport Corporation tender for 300 non-AC electric busesThis is the 5th time BMTC is tendering 300 electric buses under the FAME scheme and 5 bidders participated which include Ashok Leyland , Ta...
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...
Ashok Leyland to set up ‘mother EV’ plant in India under UK-subsidiary SwitchSwitch UK will set up an Indian entity which in turn will put up the plant. The company’s entire electric vehicle business will move to Swi...
Hitachi ABB Power, Ashok Leyland, IIT-Madras team up for e-mobility pilotThe e-bus, which will incorporate Hitachi ABB Power Grids' innovative flash-charging technology - Grid-eMotion Flash, will be provided by A...
Government may blacklist Tata Motors for delaying delivery of e-busesThe Mumbai-based automaker had won orders to supply 40 electric buses each to Jaipur, Indore, Lucknow, Kolkata, Jammu and Guwahati in March...
Government to assess electronic bus cost after local auto cos voice concernsThis follows serious concerns raised by domestic vehicle manufacturers citing China-based BYD’s large scale of operations and access to low...