Plans to expand business to Europe, Africa, Southeast Asia, West Asia and Japan; draws roadmap to come up with end-to-end zero carbon mobility
Demand revival, new launches and mix change could aid volumes, margins
The fleet and charging infra will be supplied, run and maintained by Switch for 12 years on gross cost contract (GCC) basis under the FAME II Scheme
A team is currently engaged in developing hydrogen-powered commercial vehicles, an official said
In the EV space, the firm plans to invest $150-200 million over five years and come out with its first electric light commercial vehicle in India by December end
During the quarter, the company's raw material cost increased by 61 per cent from Rs 1,922 crore during Q2FY21 to Rs 3,093 crore in Q2FY22
The appointment based on the recommendation of the nomination and remuneration committee, is subject to the approval of the shareholders
The company had sold a total of 9,989 units in the same month last year
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The technical analyst from HDFC Securities suggests that Ashok Leyland has one of the strongest set-up on the charts in the auto space
Ashok Leyland reinforced its commitment towards the youth under the Jammu and Kashmir administration's 'Project Mumkin' by providing them a fleet of 500 small commercial vehicles named 'Dost'.
The breakout of "Inverse Head and Shoulder" for the Nifty Auto index hints at bullish scenario for auto stocks, provided the overall market momentum says strong
For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet
Babu has over 25 years of experience in mobility and joins the firm from Mahindra Electric
Hinduja Group flagship firm Ashok Leyland on Wednesday said its Chief Operating Officer Nitin Seth is leaving after serving 11 years to pursue an alternate career outside the company
Commercial vehicle maker Ashok Leyland is looking to expand into African and Southeast Asian markets as part of strengthening its international presence, a senior company official said on Friday
The loss in the year-ago quarter was Rs 389 cr; three-fold spike in Q1FY22 revenue from operations
The company reported an 81 per cent year-on-year growth in total sales to 8,650 units in July 2021
Domestic medium and heavy commercial vehicle (M&HCV) sales were up 132 per cent at 3,473 units
Ashok Leyland's subsidiary Switch Mobility announced a strategic agreement with Dana Incorporated, the global leader in drivetrain and e-propulsion systems, to make a minority investment in Switch