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Switch Mobility Ltd. confirms Valladolid as site for new advanced manufacturing and technology centre

Chennai: Switch Mobility Ltd (โ€˜Switchโ€™), the next-generation net zero carbon electric bus and light commercial vehicle company, today confirmed its new manufacturing and technology centre will be built on a greenfield site in the Soto de Medinilla ar
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Ashok Leyland subsidiaries to offer EVs & mobility as service

Ashok Leyland subsidiaries to offer EVs & mobility as service โ€‹ By IANS | โ€‹ 3 Views Ashok Leyland.. Image Source: IANS News Chennai, April 8 : Commercial vehicles major Ashok Leyland Ltd. announced floating of two subsidiaries to make electric vehicles (EV) and the other to offer mobility as a service. In a statement issued late Wednesday Ashok Leyland part of the Hinduja group said its UK based EV-maker Switch Mobility Ltd, making buses and vans, will float Switch Mobility Automotive Ltd...
United Kingdom Tamil Nadu Dheeraj Hinduja Ashok Leyland Ev Division Mobility Automotive Ltd Ashok Leyland Ltd

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Switch Mobility and Siemens partner to create a sustainable future through Green Mobility

ย  Chennai: Switch Mobility Automotive Limited today joined hands with Siemens Limited, a global technology powerhouse known for their engineering excellence, innovation, quality and reliability over 170 years, to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership. Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative...
Tamil Nadu Dheeraj Hinduja Sunil Mathur Nitin Seth Mobility Automotive Global Mobility Private Ltd

Stocks in news: Vedanta, Jindal Steel, Bharti Airtel, Dixon Tech and more

Stocks in news: Vedanta, Jindal Steel, Bharti Airtel, Dixon Tech and more Stocks to watch out for on April 8: Vedanta, Jindal Steel & Power, Bharti Airtel, Dixon Technologies, Godrej Consumer Products and more BusinessToday.In | April 8, 2021 | Updated 09:39 IST Stocks to watch today: Vedanta, Jindal Steel & Power, Bharti Airtel, Dixon Technologies, Godrej Consumer Products Sensex and Nifty are likely to open in the green today as SGX Nifty was trading with a gain of 69.50 points or 0.47 perc...
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Switch Mobility Automotive signs MoU with Siemens

For technology partnership in electric mobility segmentSwitch Mobility Automotive today joined hands with Siemens to address the potential of the e-mobility market in India, driven by a strong commitment to support zero emission mobility through lowest Total Cost of Ownership. Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding (MOU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility project...
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Siemens Limited, Switch Mobility sign MoU to provide sustainable and innovative E-Mobility solutions in India

Siemens Limited, Switch Mobility sign MoU to provide sustainable and innovative E-Mobility solutions in India Posted On: 2021-04-08 08:16:26 (Time Zone: Arizona, USA) Siemens Limited has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address need of electric commercial vehicle customers and execute EMobility Projects in India. The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercial ve...
United States Dheeraj Hinduja Sunil Mathur Mobility Automotive Global Mobility Private Ltd Mobility Ltd

Ashok Leyland - Margins outlook remain subdued - ICICI Securities

Ashok Leyland - Margins outlook remain subdued - ICICI Securities Posted On: 2021-02-15 20:45:50 (Time Zone: Arizona, USA) Ashok Leylands (AL) operating performance in Q3FY21 was below consensus estimates as EBITDA margin came in at 5.3%. Gross margins eroded ~321bps QoQ to 25.6% due to deterioration in mix (M&HCV revenue share rose 11% QoQ to ~56%). Management indicated: a) economic activity resumption has been stronger on infrastructure side which has aided tipper/ multi-axle segment; b)...
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