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March 21, 2022
The Electric Vehicle arm of Ashok Leyland plans to raise funds significantly above its valuation, post which the majority stake would still remain with Leyland, , ashok leyland ltd, shareholders, electric vehicles, mobility
January 28, 2022
Chennai: Switch Mobility Ltd (โSwitchโ), 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
December 1, 2021
Ashok Leylands EV arm Switch to supply and operate 300 electric buses In Bengaluru
October 11, 2021
Investegate announcements from EDF Energy EV Ltd, Pod Point Expected Intention to Float
April 8, 2021
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...
April 8, 2021
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...
April 8, 2021
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...
April 8, 2021
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...
April 8, 2021
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...
February 16, 2021
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)...