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Ashok Leyland arm in pact with Siemens for e-mobility solutions - Vimarsana News

Ashok Leyland arm in pact with Siemens for e-mobility solutions

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 Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mob...

Siemens Limited, Switch Mobility sign MoU to provide sustainable and innovative E-Mobility solutions in India - Vimarsana News

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 vehicle customers in India. Switch Mobility will bring its electric commercial vehicle industry experi...

Former founders and promoters of C&S Electric India to grow and transform their retained businesses under Trimaster Group banner - Vimarsana News

Former founders and promoters of C&S Electric India to grow and transform their retained businesses under Trimaster Group banner

Toggle navigation The consolidated and retained businesses under the Trimaster Group of Companies post the acquisition of C&S Electric India by Siemens Limited Former founders and promoters of C&S Electric India to grow and transform their retained businesses under Trimaster Group banner ANI | Updated: Mar 02, 2021 13:37 IST New Delhi [India], March 2 (ANI/BusinessWire India): With the successful acquisition of C&S Electric by Siemens Limited (India), the former promoters of C&S Electric aim to consolidate their retained businesses, primarily of Lig...

Source: aninews.in
Former founders and promoters of C & S Electric India to grow and transform their retained businesses under Trimaster Group banner - Vimarsana News

Former founders and promoters of C & S Electric India to grow and transform their retained businesses under Trimaster Group banner

New Delhi [India], March 2 (ANI/BusinessWire India): With the successful acquisition of C & S Electric by Siemens Limited (India), the former promoters of C & S Electric aim to consolidate their retained businesses, primarily of Lighting solutions, MV Switchgear solutions and DG Sets (JV) under the 'Trimaster' banner. The acquisition of the Low Voltage Switchgear and Busbar businesses of C & S Electric India by Siemens Limited (Siemens India) was announced in January 2021, and was successfully closed on 1st March, 2021 after completion of all statutory and other requirements. Siemens has acqu...

Private sector's cost efficiency drive aiding Siemens' profitability - Vimarsana News

Private sector's cost efficiency drive aiding Siemens' profitability

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