India's e-bus ambition hits financing speed bump
India wants to deploy 50,000 e-buses in tranches over next four to five years at estimated cost of $12 billion
Stay updated with breaking news from Switch Mobility. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India wants to deploy 50,000 e-buses in tranches over next four to five years at estimated cost of $12 billion
Indian banks are reluctant to lend to electric-bus makers for supply to ailing state transport operators over concerns on recovery of dues, said banking, industry, and government sources told Reuters.
Ashok Leyland has announced the appointment of Shenu Agarwal as MD & CEO of the company with immediate effect.According to the company, Agarwal will focus on technology development and growth.
Barring any unforeseen events like covid-19, the next few years are looking very encouraging for the industry, says Dheeraj Hinduja, executive chairman, Ashok Leyland
Andrew Palmer has resigned from the post of vice-chairman and CEO of Switch Mobility. He has also stepped down from his role as a Board member of Ashok Leyland.