Page 9 - Switch Mobility News Today

BEST has come up with a roadmap to increase its fleet with all sizes of buses, 9 metre, 12 metre and double-decker, to take the total bus strength to a record 4,720 by March 2024, general manager Vijay Singhal has announced.

Ashok Leyland Q1 Results: Revenue during April-June 2023 stands at Rs 8,189 crore, which is 13.37 per cent higher than Rs 7,223 crore in the year-ago period

Ashok Leyland Q1 results: Dheeraj Hinduja said the EV market is growing gradually, and we are geared to participating in this growth with a clear road map."

Ashok Leyland Q1 Sales: Ashok Leyland attributed its strong financial performance to the robust demand for its modular AVTR range of trucks, expansion of its network, and the market acceptance of its Bada Dost range in the LCV segment. The Power Solutions and Aftermarket businesses also played a vital role in contributing to the companys overall revenue which rose to INR 8,189 crore in Q1 FY24.

Hinduja Group flagship Ashok Leyland on Friday said its net profit on a year-on-year basis jumped over eightfold to Rs 576 crore in the June quarter of this fiscal. The Chennai-based commercial vehicle maker had reported a net profit of Rs 68 crore in Q1FY23, as per a company statement. Revenue for the quarter stood at Rs 8,189 crore, as against Rs 7,223 crore in the first

BEST Double-decker Buses: The BEST undertaking has warned of action against electric vehicle manufacturer Switch Mobility if it fails to deliver 38 air-conditioned double-decker buses by September.

The BEST will also propose before the state administration for the recovery of money from Causis E-Mobility.

BEST undertaking served a "blacklisting" notice to private firm Causis E-Mobility for its alleged failure to supply 700 electric double-decker buses

Dheeraj Hinduja has steered commercial vehicles major Ashok Leyland out of the red lane and into the black, growing at a faster pace than the industry. The growth is likely to sustain, even as the company aims to plug gaps in its portfolio and prepare for a multi-fuel future

India News: India’s electric vehicle (EV) journey is moving from converted internal combustion (IC) platforms to born-electric vehicles.