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Ashok Leyland To Launch A New EV Manufacturing Facility

EV Ultimo Team

20-02-2022

Ashok Leyland To Launch A New EV Manufacturing Facility

The Hinduja Group flagship Ashok Leyland is betting on green mobility and plans to set up a new manufacturing facility in the country to roll out electric vehicles. The Chennai-based firm has also lined up ₹ 500 crore investment to develop powertrains for electric commercial vehicles as well as vehicles with alternative fuels such as CNG, and hydrogen. The company has already announced a ₹ 1,500 crore investment through its UK-based arm Switch Mobility for electric mobility. The company aims to expand its electric vehicle portfolio as well as invent new engines to stay relevant in the changing market requirements in the domestic as well as international markets. 


SOURCE: HT AUTO





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