MoneyWorks4Me

Ashok Leyland’s arm bags order for electric double decker buses

11 Aug 2018 Evaluate

Ashok Leyland’s subsidiary Optare PLC from Transport for London (TfL) has bagged order for 31 Optare Metrodecker EV double-decker buses to be bought by Metroline and will be added to London’s fleet by next summer.

The buses will be used on Metroline’s iconic routes 43 and 134, which will become exclusively operated by electric double deckers. This landmark order delivers the largest pure electric double-decker bus fleet in Europe.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Peers
Company Name CMP
Tata Motors 428.15
Ashok Leyland 149.35
Force Motors 16950.00
Olectra Greentech 1083.65
SML Mahindra 6087.35
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