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Ashok Leyland working on hydrogen-powered commercial vehicles

16 Nov 2021 Evaluate

Ashok Leyland is working on hydrogen-powered commercial vehicles.  For the time being, the company would stick to the Rs 750 crore earmarked for taking up the capital expenditure plan this financial year. The company has drawn up plans to roll out CNG-fitted commercial vehicles that are expected to hit the roads during the fourth quarter of this financial year (Q4FY22).

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.

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Company Name CMP
Tata Motors 428.15
Ashok Leyland 149.35
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