Ashok Leyland to set up new EV manufacturing unit

TusharK · 21st February 2022, 10:36

Ashok Leyland is planning to set up a new manufacturing facility for electric vehicles. The company also plans to invest Rs. 500 crore in alternative fuel technologies.

Ashok Leyland to set up new EV manufacturing unit-01badadostall.jpg

The Hinduja Group owned CV brand is also setting up a manufacturing facility and R&D centre in Spain, while its Indian unit will be optimized to cater to the changing market requirements.

According to a media report, Ashok Leyland is looking to develop new EVs and powertrains based on CNG and hydrogen for its commercial vehicles.

Ashok Leyland is developing electrified versions of the Dost and Bada Dost LCVs. The project is currently in the prototype stage and production is expected to commence in Q4 2022.

Source: ET Auto

Link to Team-BHP News

21st February 2022, 10:36	#1
TusharK Senior - BHPian Join Date: Jul 2017 Location: Pune Posts: 6,275 Thanked: 55,893 Times	Ashok Leyland to set up new EV manufacturing unit Ashok Leyland is planning to set up a new manufacturing facility for electric vehicles. The company also plans to invest Rs. 500 crore in alternative fuel technologies. The Hinduja Group owned CV brand is also setting up a manufacturing facility and R&D centre in Spain, while its Indian unit will be optimized to cater to the changing market requirements. According to a media report, Ashok Leyland is looking to develop new EVs and powertrains based on CNG and hydrogen for its commercial vehicles. Ashok Leyland is developing electrified versions of the Dost and Bada Dost LCVs. The project is currently in the prototype stage and production is expected to commence in Q4 2022. Source: ET Auto Link to Team-BHP News
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