Ashok Leyland to invest INR 50 billion for battery manufacturing and localization

On September 1, Ashok Leyland announced plans to invest over INR 50 billion in the development and manufacturing of batteries for automotive and energy storage applications over the next 7 to 10 years. This initiative aims to support both Ashok Leyland’s electric vehicle (EV) portfolio—including Switch Mobility—and s....

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