Ashok Leyland, country’s second largest commercial vehicle manufacturer, is expected to introduce the electric variant of its light commercial vehicle (LCV) Dost within a year. It had started work on the electric variant a couple of years ago.
The automaker had witnessed good growth in LCVs segment, despite of a slowdown in the commercial vehicle segment. Ashok Leyland entered the LCV segment in 2011 and has since then seen a steady rise in sales.
The company has registered a 10% fall in February 2013 sales at 10,046 units as compared to 11,103 units, a year ago. The company witnessed a 26% decline in sales of commercial vehicles - excl SCV (DOST) to 7,045 units in February 2013 from 9,521 units sold in the same month of previous year.