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ASHOK LEYLAND EV
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast laneIndian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit...
Maruti hits all-time monthly sales high; CNG bookings jump 40%, EV demand doublesMaruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant sur...
Ashok Leyland secures order for 715 vehicles from VRL LogisticsAshok Leyland has received a significant order for 715 vehicles from VRL Logistics. The order includes haulage trucks and staff buses. Deli...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, marginsIndia's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...
Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock marketVijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for...
Ashok Leyland to invest up to Rs 500 cr in battery pack manufacturing unitIn a bold step towards sustainable transportation, Ashok Leyland has announced a substantial investment of Rs 500 crore for a state-of-the-...
Ashok Leyland COO Ganesh Mani to take additional charge as Switch India CEO from Sept 1Ganesh Mani will become the CEO of Switch India on September 1. This follows S Mahesh Babu's resignation. Babu is leaving to explore other ...
Ashok Leyland’s Switch Mobility commences consultation process to shut its UK plantAshok Leyland will cease manufacturing operations at Switch Mobility in the UK to reduce losses, citing economic uncertainty in the British...
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...
Ashok Leyland to transfer EV business to step-down armAlso, the board at its meeting held on Friday has approved the transfer of its eMaaS (e-mobility as a service) business for Rs 65 crore to ...
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 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...
Ashok Leyland to carve out two new units to strengthen green transport solutionsThe first unit -- Switch Mobility Automotive Ltd -- is being formed to carry on the electric vehicle strategy in India and forms part of it...
Ashok Leyland renames Optare as Switch Mobility to drive electric and new mobility growth“This strategy reflects the clear growth opportunities in the global light commercial vehicle (LCV) and bus electric vehicle market, which ...
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.