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In the first since the launch of EV buses in the BMTC fleet in 2021, this bus’ battery was reported to have got overheated on April 5 and the fire detection and suppression system was activated. The bus was docked at Bidadi Depot and was charging when the incident happened. With the FDSS activated, smoke arose from the bus.
After Tata Motors, Switch Mobility and VECV are all set to enter the small electric commercial vehicle market. Chennai-based Murugappa Group’s EV arm Tube Investments of India, and Bharat Forge's Kalyani Powertrain are coming up with electric versions of heavy commercial vehicles. Ashok Leyland has also begun delivery of its intermediate and heavy duty 14T Boss Electric Truck to its customers including Billion E-Mobility.
EV Boom: India’s electric vehicle (EV) revolution has triggered a hiring boom in Chennai. Top vehicle makers are investing in R&D, material and data science, mechatronics, battery designing, and robotics programming.
Ashok Leyland Expansion: Ashok Leyland in the first nine months of the financial year ending December 31, 2023 reported its highest turnover of INR 27,100 crore, highest sales volume at 1,38,416 units, EBITDA of INR 3,014 crore and Profit After Tax of INR 1,718 crore.
Ashok Leyland Q3: There might be a moderation in growth in Q4 because of the effect of the upcoming elections and the high base of last year. But the country is behaving differently and it may not be right to look at the history and project the future, the company said.