Ashok Leyland to install new manufacturing plant to roll out EVs

22 Feb 2022 CW Team

Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to install a new manufacturing facility in the nation to launch electric vehicles (EVs).

The Chennai-based company has additionally lined up a Rs 500 crore investment to build powertrains based on alternative fuels such as compressed natural gas (CNG), hydrogen and electric for its commercial vehicles (CVs) range. The firm has already declared a $200 million (about Rs 1,500 crore) investment via its UK-based arm Switch Mobility for electric mobility. The commercial vehicle company plans to boost its electric vehicle portfolio and develop new engines keeping in mind the changing market needs in the domestic and international markets.

In Spain, they are coming up with a production facility and Research and Development (R&D) centre, and there are plans to develop this over the coming few years. In India, they will be optimising the facilities that are available with Ashok Leyland.

Ashok Leyland Executive Chairman Dheeraj Hinduja told the media that they are looking at all the opportunities and options available, so that capacity never becomes a problem if the market needs more products. The company feels quite comfortable concerning the production capacity for the coming two years. Ashok Leyland would be able to render the electric products that are required for Switch. On the firm's EV product plans, he said Dost and Bada Dost models would be used to provide to the domestic and the South Asian Association for Regional Cooperation (SAARC) markets.

Ashok Leyland is infusing about Rs 500-700 crore for products for the domestic market, while switching plans to spend nearly $200 million in the coming 2-3 years for the development of their new products, he added. It contains the electric buses and the electric Light Commercial Vehicles (LCV) programme as well.

Image Source

Also read: Ashok Leyland aims 40% ICV sales from CNG variant

Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to install a new manufacturing facility in the nation to launch electric vehicles (EVs). The Chennai-based company has additionally lined up a Rs 500 crore investment to build powertrains based on alternative fuels such as compressed natural gas (CNG), hydrogen and electric for its commercial vehicles (CVs) range. The firm has already declared a $200 million (about Rs 1,500 crore) investment via its UK-based arm Switch Mobility for electric mobility. The commercial vehicle company plans to boost its electric vehicle portfolio and develop new engines keeping in mind the changing market needs in the domestic and international markets. In Spain, they are coming up with a production facility and Research and Development (R&D) centre, and there are plans to develop this over the coming few years. In India, they will be optimising the facilities that are available with Ashok Leyland. Ashok Leyland Executive Chairman Dheeraj Hinduja told the media that they are looking at all the opportunities and options available, so that capacity never becomes a problem if the market needs more products. The company feels quite comfortable concerning the production capacity for the coming two years. Ashok Leyland would be able to render the electric products that are required for Switch. On the firm's EV product plans, he said Dost and Bada Dost models would be used to provide to the domestic and the South Asian Association for Regional Cooperation (SAARC) markets. Ashok Leyland is infusing about Rs 500-700 crore for products for the domestic market, while switching plans to spend nearly $200 million in the coming 2-3 years for the development of their new products, he added. It contains the electric buses and the electric Light Commercial Vehicles (LCV) programme as well. Image Source Also read: Ashok Leyland aims 40% ICV sales from CNG variant

Technology

28 Oct 2025

Poonawalla Fincorp deploys five new AI solutions in digital drive

Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted non-banking financial company (NBFC) focused on consumer and MSME lending, has announced the launch of five new AI-powered solutions as part of its enterprise-wide digital transformation strategy. The new systems—Early Warning System (EWS), Travel Bot, RegIntel, Employee Relations (ER) Governance Tool, and AI-based Suspicious Transaction Reporting (STR)—aim to embed artificial intelligence across PFL’s core operations. This initiative goes beyond automation to create intelligent, scalable, and compliance-ready systems t..

Technology

28 Oct 2025

HGS launches AI-driven Interaction Intelligence solution

Hinduja Global Solutions (HGS), listed on the BSE and NSE, has announced the launch of Interaction Intelligence—an enterprise-grade artificial intelligence (AI) solution built on the HGS Agent X framework. The platform redefines quality assurance (QA) by transforming it from a routine customer service task into a strategic capability that delivers actionable insights and deeper understanding of customer sentiment. In an era of growing customer expectations for seamless, personalised, and proactive engagement, the Interaction Intelligence solution enables enterprises to analyse nearly 100 pe..

Real Estate

28 Oct 2025

Godrej Properties secures RERA nod for Worli luxury project

Godrej Properties Ltd (GPL), one of India’s leading real estate developers, has received project registration from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential project, Godrej Trilogy, in Worli, Mumbai. The development forms part of a joint redevelopment of a prime land parcel in one of Mumbai’s most sought-after neighbourhoods. Spread across approximately 2.63 acres, the project will include three luxury towers. The total gross revenue potential of the development is estimated to exceed Rs 100 billion. Strategically located just off Dr Annie B..