Ashok Leyland has been working on seeking shareholder approval to lend Rs 4,000-5,000 crore or stand guarantor for its EV subsidiary, Switch Mobility Automotive. The Hinduja group flagship firm intends…
Ashok Leyland
Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland…
Deemed to be a perfect strategy to combat greenhouse gas emissions, the Electrification of the automobile sector has come a long way since the introduction of electric vehicles in the…
Ballard Power Systems has inked an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Adani Enterprises Limited…
Combating the lack of proper EV charging infrastructure in India, Tirex Transmission Pvt. Ltd., has recently won a new contract from Indian Oil Corporation Limited (IOCL) to provide EV chargers…
UK based electric vehicle firm, Switch Mobility has announced the appointment of Mahesh Babu as the company’s new chief executive officer (CEO) after incumbent Andy Palmer stepped down citing personal…
India’s leading suppliers of rolled, forged, and machined products, Ramkrishna Forgings has won a long-term supply contract worth 15 million euros (Rs 121 crore} from a Swedish OEM. The supply…
EV player Tirex Transmission Pvt, Ltd. has won the recent tender of Hindustan Petroleum Corporation Limited (HPCL) project of deploying EV chargers in Gujrat and Rajasthan. HPCL is a Government…
As a new initiative to combat climate emergency, UK’s development finance institution British International Investment (BII) has decided to invest Rs 1,925 crore into a new dedicated, four-wheeler electric passenger…