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Ashok Leyland to invest INR 1,200 crore in Switch Mobility, Auto News, ET Auto

Ashok Leyland has announced that the board has approved an investment of INR 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements in the UK as well as in India. The funds will be infused over the next few months after necessary statutory approvals in one or more tranches.
United Kingdom Ashok Leyland Switch Mobility Shok Leyland Investment Ashok Leyland Switch Mobility

ashok leyland: Ashok Leyland to invest Rs 1,200 crore in Switch Mobility

Ashok Leyland has announced that the board has approved an investment of Rs 1,200 crore in its EV arm Switch Mobility for capital expenditure, R&D and meeting operational requirements in the UK as well as in India. The funds will be infused over the next few months after necessary statutory approvals in one or more tranches.
United Kingdom Dheerajg Hinduja Ashok Shenu Agarwal Mobility Ltd United Kingdom Ashok Leyland Mobility Automotive Ltd India

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