Ashok Leyland’s subsidiary-- Switch Mobility has decided to form two new subsidiaries as part of its plans to strengthen green transport solutions. The first unit -- Switch Mobility Automotive -- is being formed to carry on the electric vehicle strategy in India and forms part of its global entity. The second subsidiary -- OHM Global Mobility -- will focus on providing mobility as a service offering.
Switch Mobility Automotive brings together Ashok Leyland’s capabilities both from Optare UK and Ashok Leyland’s EV Division. OHM Global Mobility is a solutions company being piloted in India with ambitious plans to roll out Mobility as a Service (eMaaS) globally. Together, Switch and OHM will provide a net carbon zero emission solution to India’s exciting trend towards EV urban buses and LCVs.
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.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 168.65 |
| Force Motors | 20878.00 |
| Olectra Greentech | 1340.60 |
| Tata Motors | 431.10 |
| SML Mahindra | 3800.40 |
| View more.. | |
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