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Ashok Leyland, India revenue grew by 13% in Q1 FY 2024
higher than Q1 of last year (14,384 units).The Company continued to see strong demand for the modular AVTR range of trucks. The efforts on network expansion also helped the uptick in revenue and market share. In the LCV segment as well, the volumes grew on the back of good market acceptance of our Bada Dost range. Based on Ashok Leyland's press release...
News Updated at: 2023/07/21
Ashok Leyland to invest INR 12 billion in Switch Mobility electric vehicles
d announced that the company has laid out plans to directly invest in Switch Mobility's business, with an investment totaling around INR 12 billion progressively. During FY 2024, Switch Mobility plans to introduce several electric vehicles in the Indian market, including the electric Dost, electric-Bada Dost, a low-floor 12-meter bus, and a low-floor 9-meter bus. They also plan to launch the low-floor 12-meter E1 bus for the European market. The ...
News Updated at: 2023/05/31
Ashok Leyland, India updates about upcoming launches and transition
Ashok Leyland, India updates about upcoming launches and transition On February 2, in an investor update, Ashok Leyland announced that it will be launching the Bada Dost EV sometime in June or the third quarter of the current calendar year. They further mentioned that there is a lot of activity on product development, and they have had order bookings coming in.As per Ashok Leyland, the potential of EVs is growing very fast in India and the compa...
News Updated at: 2023/02/15
Indian Auto Expo 2023: Ashok Leyland, India showcased seven advanced mobility solutions
nning current diesel vehicles. Ashok Leyland also displayed an Intercity Compressed natural gas bus (13.5 CNG bus) in which 1,500 Liters of CNG fuel is stored in lightweight composite cylinders which are safely mounted over the frame and have a range of approximately 1,000 kms. It also unveiled the Bada Dost Xpress, a mini passenger bus which is powered by CNG. The vehicle comes with optional features of A.C. and a Vehicle tracking system (VTS). ...
News Updated at: 2023/01/13
Ashok Leyland, India to electrify its truck range over the LCV’s
Ashok Leyland, India to electrify its truck range over the LCV’s On November 18, Ashok Leyland, India announced that they would be launching the electric versions of the Dost and Bada Dost in the middle of 2023 due to the increasing demand for electric vehicles via many courier companies, and logistics companies within cities for last-mile delivery. Further, the company mentioned that just like the EV bus business, they do have clear plans f...
News Updated at: 2022/11/22
Ashok Leyland, India launches Bada Dost i1 and i2
Ashok Leyland, India launches Bada Dost i1 and i2 On August 29, Ashok Leyland launched – BADA DOST i1 and BADA DOST i2 extending its Bada Dost range of vehicles. The BADA DOST i1 and i2 offer a payload of 1250kg and 1425 kg respectively. They are designed to offer the widest deck of 1750mm width and longest deck of 2596 mm (8.5 ft) for i1 and 2745 mm (9 ft) for i2, which is the highest in the category. Ashok Leyland also introduced Bada Dost Li...
News Updated at: 2022/08/29
Ashok Leyland, India may hike prices of its vehicles due to semiconductor shortage
Ashok Leyland, India may hike prices of its vehicles due to semiconductor shortage On May 20, Ashok Leyland announced that it may raise the prices of its vehicles due to the ongoing supply situation and it has not been able to ramp up the numbers due to a shortage of the semiconductor chips. They also mentioned that on the LCV front both Dost and Bada Dost have had good demand, however, volumes have remained limited due to the availability of sem...
News Updated at: 2022/06/09
Ashok Leyland’s revenues increase 3.5 times in Q1, FY 2021-22
. The company reported a net loss of INR 2.8 billion for Q1 FY 2021-22, vis a vis a net loss of INR 3.9 billion last year. It saw strong demand for the AVTR range – India’s first modular truck platform, and this demand is expected to further improve. In the LCV segment, the recently launched Bada Dost has been well accepted by the customers and it is ramping up production in line with market demand. Going forward, last-mile connectivity de...
News Updated at: 2021/08/13
Ashok Leyland introduces all-new Bada Dost light truck
Ashok Leyland introduces all-new Bada Dost light truck On September 14, Ashok Leyland launched the “Bada Dost”, its first product to be built on an all-new robust light commercial vehicle (LCV) platform. It will have two variants, i3 and i4, with a payload capacity of 1,860 kg and 1,405 kg, respectively. It is equipped with an 80 hp BS-VI engine. Owing to its low turning radius and best-in-class ground clearance, Bada Dost is the ideal vehicl...
News Updated at: 2020/09/14
riod of the joint venture is 30 years. Total investment is 15 million US dollars. The new company is capitalized at 6.16 million US dollars, with the joint-venture company itself procuring the shortfall in capital. Changchun FAWAY Automobile Components will transfer the ownership of Changchun FAWAY Bada Automobile Electric Appliance Co., Ltd., its subsidiary, to the joint-venture company. The subsidiary, which is valued at 3.5 million US dollars,...
News Updated at: 2009/12/17
oviding 2.3 million yuan. North Metal Products Co., Ltd., will launch commercial production in April, 2008. Its product development activities will be outsourced to Fawer-Johnson Technical Center; and 2) the company will make an additional 12.3 million yuan investment in its subsidiary, Four-Circle Bada Electrical Equipment Ltd. of FAW. It will provide 3.8 million yuan in cash and 8.5 million yuan in kind. The subsidiary, which is registered at 5...
News Updated at: 2007/09/05