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Hitachi ABB Power Grids signs MoU with Ashok Leyland, IITM

27 Nov 2020 Evaluate

Hitachi ABB Power Grids India (listed on Indian stock exchanges as ABB Power Products and Systems India) has signed Memorandum of Understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot. The triumvirate will run an electric bus (e-bus) pilot to support sustainable in-campus commuting by IITM’s students and staff. The e-bus, which will incorporate Hitachi ABB Power Grids’ innovative flash-charging technology - Grid-eMotionTM Flash, will be provided by India’s largest bus manufacturer, Ashok Leyland. IITM will host the infrastructure required to operate the flash-charging system for the e-bus.

ABB Power Products and Systems India (APPSIL) is the Indian arm of ABB Power Grids - a global leader in power technologies, providing the most comprehensive grid portfolio across the entire value chain.

Peers
Company Name CMP
Waaree Energies 2341.00
Apar Industries 14355.15
Havells India 1032.00
Suzlon Energy 37.40
Siemens 3250.00
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