Ashok Leyland Sales & EV Push

  Published 8 months ago

Ashok Leyland reported 2% sales growth while announcing ₹5,000 crore battery investment and a CALB partnership.

  • Domestic sales rose 2% in August, with M&HCV up 3% and LCV up 1% year-on-year.
  • The company plans to invest ₹5,000 crore in localized battery manufacturing for automotive and energy storage applications over a decade.
  • Partnership with China’s CALB aims to build a sustainable battery ecosystem, reducing fossil fuel dependence and supporting the government's vision.

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