Switch Mobility
Brands Companies Finance News

Ashok Leyland Seeks External Funding For Electric Vehicle Subsidiary Switch Mobility

The Hinduja Group’s flagship company, Ashok Leyland, has indicated that it is interested in obtaining outside funding for Switch Mobility, its electric car subsidiary. The managing director, Shenu Agarwal, stressed how crucial it is to choose the ideal strategic partner for this project. Agarwal emphasised that although the company welcomes outside investment, it would continue […]

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Companies Finance News

Ashok Leyland Invests Rs 1,200 Cr In Electric Vehicle Subsidiary, Switch Mobility

Mumbai-Based Ashok Leyland Commits Rs 1,200 Crore Investment in Electric Vehicle Subsidiary, Switch Mobility The Board of Directors approved this infusion for capital expenditure, research and development (R&D), and operational needs in both the UK and India. The funds will be infused over the next few months, subject to statutory approvals, and will be administered […]

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