Page 26 - Switch Mobility News Today

Ashok Leyland rose 1.55% to Rs 124.70 after Switch Mobility Automotive joined hands with Siemens, to address the potential of the e-mobility market in India. Switch Mobility Automotive and Siemens entered into a Memorandum of Understanding (MoU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility projects in India. The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercia...

Siemens ties up with Hinduja Group for EV charging infra ​ By IANS | ​ 4 Views   With government committed to bringing the electric vehicle (EV) revolution to India in the next few years, the industry expectations from the Union Budget 2019-20 run high. . Image Source: IANS News Chennai, April 9 : Siemens Limited and the Hinduja groups Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment. Siemens also said ...

Shares of Siemens surged as much as 3.8 per cent and hit an intra-day high of Rs 1,912 on the BSE on Friday after the firm signed a memorandum of understanding (MoU) with Ashok Leylands Switch Mobility Automotive to 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 vehicle customers in India, the firms said in a joint statement. "Swi...

Shares of Ashok Leyland, on Thursday, surged 7 per cent to Rs 124.80 on the BSE after the commercial vehicles major said it has decided to form two new subsidiaries as part of its plans to strengthen green transport solutions. The company, through its subsidiary Switch Mobility Ltd -- the UK-based electric vehicle producer of buses and vans, is creating two units, Ashok Leyland said in a statement. The first unit -- Switch Mobility Automotive Ltd -- is being formed to carry on the electric ve...

  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 08, 2021 Dheeraj Hinduja, Chairman, Switch Mobility   -  Businessline× Switch Mobility Automotive Ltd, Ashok Leyland’s electric vehicle arm, has joined hands with global engineering major Siemens for addressing the e-mobility market in India. Both have signed an agreement towards building a co-operative technological partnership in electric commercial mobility segment and execute e-Mobility projects in India, according to a statement. As part of the agreement, Siemens Financial Se...

The domestic equities were trading with modest gains in early afternoon trade. The Nifty was trading above 14,900 mark. All the sectoral indices on the NSE were in the green. At 12:20 IST, the barometer index, the S&P BSE Sensex, soared 271.91 points or 0.55% at 49,933.67. The Nifty 50 index gained 103.85 points or 0.70% at 14,922.90. Investors risk appetite improved after the minutes of last months meeting of the U.S. Federal Reserve suggested that Fed officials were united on the need to see...

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...

The domestic equity benchmarks ended with minor gains after a volatile day on Thursday. Metal stocks surged while banks and financials corrected. The Nifty closed below the 14,900 mark. As per provisional closing data, the barometer index, the S&P BSE Sensex, gained 84.45 points or 0.17% to 49,746.21. The Nifty 50 index rallied 56.70 points or 0.38% to 14,875.75. The broader market rallied. The S&P BSE Mid-Cap index rose 0.60%. The S&P BSE Small-Cap index added 0.73%. Buyers outnumbered seller...

Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 362.82 points or 0.73% at 50,024.58. The Nifty 50 index was up 112.25 points or 0.76% at 14,931.30. The Sensex regained the psychological 50,000 mark in early trade. The S&P BSE Mid-Cap index was up 0.51%. The S&P BSE Small-Cap index was up 0.7%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1573 shares ...