Ashok Leyland to install new manufacturing plant to roll out EVs
ROADS & HIGHWAYS

Ashok Leyland to install new manufacturing plant to roll out EVs

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

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code