Ashok Leyland to carve out two new units to strengthen green transport solutions

Industrial vehicles most important Ashok Leyland on Wednesday acknowledged it has decided to sort two new subsidiaries as part of its plans to strengthen inexperienced transport options.

The corporate by means of its subsidiary Swap Mobility Ltd, the UK-based electrical car producer of buses and vans, is creating two items, Ashok Leyland acknowledged in a press launch.

The primary unit — Swap Mobility Automotive Ltd — is being formed to maintain on {the electrical} car method in India and kinds part of its world entity.

The second subsidiary — OHM International Mobility Pvt Ltd — will consider providing mobility as a service offering, it acknowledged.

Swap Mobility Automotive Ltd brings collectively the corporate’s capabilities every from Optare UK and Ashok Leyland’s EV Division, it well-known.

“Swap Mobility Automotive Ltd will assist us fulfil our aspiration of zero carbon emission transportation.

“With a strong presence and confirmed expertise throughout the enterprise car market in India and the experience of working a number of electrical vehicles effectively in India and the UK, we see huge alternate options for growth by means of Swap’s progress in Indian and world markets,” Ashok Leyland Chairman Dheeraj Hinduja mentioned.

Ashok Leyland MD and CEO Vipin Sondhi mentioned creating Swap Mobility and OHM International would give the corporate the power to drive the sustainability agenda which Ashok Leyland is captivated with.

“It should combine our shopper centric technique with the expertise in experience that the brand new entities will convey to the desk,” he added.

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