Commercial Vehicle

New dedicated plant for EVs


Ashok Leyland, is looking to establish a new manufactur­ing facility in the country dedicated to the production of EVs. The OEM has earmarked Rs.500 crore for the developmen­t of commercial vehicle powertrain­s that are expected to cater to the need for alternativ­e fuels like CNG, hydrogen, and battery electric. The commercial vehicle manufactur­er intends to expand its electric vehicle portfolio as well as develop new engines in response to changing market demands in both domestic and internatio­nal markets. “We are looking at all the opportunit­ies and options available, so that capacity never becomes an issue if the market requires more products. So, I wouldn’t put a date to it right now. But we are keeping all our alternativ­es and options open,” said Executive Chairman Dheeraj Hinduja. The company has already announced a nearly Rs.1,500 crore (USD 200 mn) investment in emobility under the umbrella of Switch Mobility which could turn independen­t in the future.

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