Hinduja Group's EV arm Switch Mobility has been officially launched

06 Jul 2021 CW Team

It seeks to acquire a prime global position in net zero carbon buses and light commercial vehicles.

The company has also built a new leadership team to leverage the legacy production and innovation abilities of Optare and Ashok Leyland. While practising cutting-edge technologies to give customers the industry-leading low price of purchase and net-zero emissions transport solutions worldwide.

From 1st July, it has designated Andy Palmer as Executive Vice Chairman and Chief Executive Officer.

An experienced team of specialists would be supporting Palmer to deliver the company's goals to be a leader in urban e-mobility.

It also includes the appointment of Sarwant Singh Saini as Chief Planning Officer, Nitin Seth as Chief Operating Officer, and Roger Blakey as Chief Technical Officer.

By the mixed expertise of its teams in India and the UK, Switch will establish its experience, holding over 280 electric vehicles in operation with more than 26 million miles travelled.

The firm forged a technological collaboration among partners, including Siemens, to provide e-mobility solutions that already give the lowest Total Cost of Ownership for CV buyers in India.

Switch also signed customer agreements with prime logistic operators and obtained orders for a 2000-strong e-LCV fleet among customer trials beginning this month as a part of its ramp-up.

The company was built from the innovative EV components of Ashok Leyland, which is the third-largest bus and LCV OEM worldwide, and Optare, the UK bus producer with more than a century of expertise in utilising the new technologies in bus design.

Switch launched the first British built, pure electric buses to the London roads, and since then, 280 EVs are already on the road travelled more than 26 million electric miles in developing markets.

Image Source

Also read: Ashok Leyland subsidiary acquires Switch Mobility Automotive

Also read: E-mobility: Siemens, Switch Mobility partner for projects in India

Newly incorporated electric vehicle firm Switch Mobility, backed by Hinduja Group, has announced that it is officially launching the company by merging the electric commercial vehicle operations of Ashok Leyland and the former Optare Company. It seeks to acquire a prime global position in net zero carbon buses and light commercial vehicles. The company has also built a new leadership team to leverage the legacy production and innovation abilities of Optare and Ashok Leyland. While practising cutting-edge technologies to give customers the industry-leading low price of purchase and net-zero emissions transport solutions worldwide. From 1st July, it has designated Andy Palmer as Executive Vice Chairman and Chief Executive Officer. An experienced team of specialists would be supporting Palmer to deliver the company's goals to be a leader in urban e-mobility. It also includes the appointment of Sarwant Singh Saini as Chief Planning Officer, Nitin Seth as Chief Operating Officer, and Roger Blakey as Chief Technical Officer. By the mixed expertise of its teams in India and the UK, Switch will establish its experience, holding over 280 electric vehicles in operation with more than 26 million miles travelled. The firm forged a technological collaboration among partners, including Siemens, to provide e-mobility solutions that already give the lowest Total Cost of Ownership for CV buyers in India. Switch also signed customer agreements with prime logistic operators and obtained orders for a 2000-strong e-LCV fleet among customer trials beginning this month as a part of its ramp-up. The company was built from the innovative EV components of Ashok Leyland, which is the third-largest bus and LCV OEM worldwide, and Optare, the UK bus producer with more than a century of expertise in utilising the new technologies in bus design. Switch launched the first British built, pure electric buses to the London roads, and since then, 280 EVs are already on the road travelled more than 26 million electric miles in developing markets. Image Source Also read: Ashok Leyland subsidiary acquires Switch Mobility Automotive Also read: E-mobility: Siemens, Switch Mobility partner for projects in India

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..