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Ashok Leyland inks pact with Aidrivers

12 Jan 2022 Evaluate

Ashok Leyland has partnered with Aidrivers for the development of artificial intelligence-enabled autonomous vehicles. Under the pact, Aidrivers will provide AI-enabled autonomous solutions and Ashok Leyland will provide vehicle platforms. The two partners will work together to explore target markets and opportunities for cooperation. This MoU provides the foundations for joint innovation and inspiration.

The agreement foresees the development of autonomous vehicles, industrial mobility equipment and other autonomous industrial automation solutions that can deliver significant value to fleet operators and logistics providers, among others.

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 428.35
Ashok Leyland 149.95
Force Motors 16980.00
Olectra Greentech 1089.00
SML Mahindra 6085.00
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