Ashok Leyland showcases future-readiness through Switch Mobility Ltd.
Ashok Leyland, India’s leading commercial vehicle manufacturer and flagship of the Hinduja Group, today elaborated on its future-readiness by sharing details of its latest strategic initiative - Switch Mobility Ltd, UK (Switch Mobility). Earlier today, management engaged with key investors from India and London to showcase the growth opportunity and the crucial role Switch Mobility will play in shaping the commercial e-Mobility space, globally.
Switch Mobility, the next-generation electric bus and light commercial vehicle company, and subsidiary of Ashok Leyland Ltd, had recently announced strategic steps to further solidify its progress towards developing net zero carbon mobility. Dr Andrew Palmer has been appointed as Executive Vice Chairman & CEO and other key leadership positions were announced. Former Goldman Sachs and JP Morgan banker and senior lawyer, Dr Miranda Brawn, and auto industry veteran, Mr J M Alapont, were recently inducted to the Board.
In April, Switch Mobility had announced technological collaborations with various partners, including Siemens, to deliver e-Mobility solutions that offer the lowest Total Cost of Ownership for CV customers. As part of its ramp-up, Switch Mobility has already signed customer agreements and LOI’s with leading logistic and ecommerce operators.