To help its dealers access funding through South Indian Bank’s dealer finance programme, Ashok Leyland Limited and the bank have signed a Memorandum of Understanding (MoU). Because of this partnership,…
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Ashok Leyland
Ashok Leyland has established a strategic relationship with Minus Zero, a Bengaluru-based autonomous driving technology business that debuted its zPod prototype in June 2023. The alliance between the two organisations…
Ashok Leyland has established a new integrated commercial vehicle facility in Uttar Pradesh focusing on green mobility. The Greenfield complex will span 70 acres and include cutting-edge manufacturing technologies. According…
Ashok Leyland has commemorated its 75th anniversary of operations with the launch of Electric Light Commercial Vehicles from Switch Mobility – the leV Series. On this occasion, Nitin Gadkari, the…
Switch Mobility has announced its intent to produce around 3,000 units per year of its IeV series electric light commercial vehicles. The company has already invested Rs 100 crore in…
Ashok Leyland Board has approved the acquisition of 100 percent of Ohm Global Mobility (OHM) from OHM International Mobility for a nominal consideration of Rs 1 lakh. With this move,…
Tresa Motors has announced the appointment of Vinod K Dasari as the Chairman of the Board. Vinod’s vast experience and exemplary track record in the automotive sector make him the…
Ashok Leyland has been working on seeking shareholder approval to lend Rs 4,000-5,000 crore or stand guarantor for its EV subsidiary, Switch Mobility Automotive. The Hinduja group flagship firm intends…
Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland…
Deemed to be a perfect strategy to combat greenhouse gas emissions, the Electrification of the automobile sector has come a long way since the introduction of electric vehicles in the…