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Ashok Leyland partners with Libertine Holdings

09 Sep 2022 Evaluate

Ashok Leyland has partnered with UK-based Libertine Holdings for its commercial vehicle powertrains. The commercial vehicle major has inked a memorandum of understanding (MoU) to evaluate the use of the Libertine technology platform for its commercial vehicle powertrains.

Under the terms of the MoU, Ashok Leyland will conduct due diligence on Libertine's technology and explore the scope for Linear Generator product development within its commercial vehicle portfolio.

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 426.00
Ashok Leyland 149.50
Force Motors 16864.00
Olectra Greentech 1080.10
SML Mahindra 6019.80
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