SWITCH MOBILITY AUTOMOTIVE LIMITED
Location
Tamil Nadu
Founded
2020-12-28
Website
Risk Signals
72 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Hardware, Not Elsewhere Classified, Motor Vehicles and Passenger Car Bodies, Automobiles and Other Motor Vehicles), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about SWITCH MOBILITY AUTOMOTIVE LIMITED
Live alerts from global media, monitored by Business Radar
2025-05-23 (autocarpro.in)
Ashok Leyland Plans ₹1,000-Crore Capex for FY26, Eyes Strategic Investments in Group Cos |
The company said that FY26 investments would be based on the requirements of group companies, with Switch India and Hinduja Leyland Finance currently identified as likely candidates.
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2025-05-23 (autocarpro.in)
Switch Mobility Drives Ashok Leyland's FY25 Success with EBITDA Break-Even |
This highlights the company's EV strategy, backed by an order book of 1,800+ electric buses, including exports, as of Q3 FY25.
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2025-04-02 (moneycontrol.com)
Ashok Leyland infuses Rs 500 crore into UK-based Switch Mobility, some funds may flow into India unit
Ashok Leyland had previously shared plans to invest Rs 500 crore into the holding company of Switch Mobility for capex requirement. Optare is the holding entity for Switch UK as well as Switch India, and a part of the fund is expected to flow into the Indian arm as well.
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2024-11-27 (autocarpro.in)
SWITCH Mobility partners with Vertelo to increase electric vehicle adoption
SWITCH will provide its advanced EV technology, while Vertelo will lease and fund the electric vehicles.
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2024-11-09 (indiatimes.com)
Ashok Leyland targets strong export growth with Southeast Asia expansion in FY25, ET Auto
The company is looking to expand into Southeast Asia as part of its global growth strategy, targeting robust domestic performance for the second half of FY25. Ashok Leyland’ s EV subsidiary, Switch Mobility, is also nearing EBITDA break-even for this fiscal year, confirmed Executive Chairman Dheeraj
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2023-11-09 (indianweb2.com)
Ashok Leyland to Invest Rs 1200 Cr Into Switch Mobility
The Board of Directors of Ashok Leyland have approved an investment of Rs 1200 cr in Switch Mobility as equity through its holding company
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2023-01-24 (thehindubusinessline.com)
Switch Mobility to rope in dealers and partners to operate e-bus contracts for STUs
Its e-bus order book swells to reach close to 2,500 units
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2022-08-14 (electrive.com)
Switch Mobility to deliver 5,000 electric buses to India - electrive.com
Switch Mobility, the UK subsidiary of Indian commercial vehicle manufacturer Ashok Leyland, and Indian transport company Chalo have entered into a strategic cooperation to deploy 5,000 electric buses across India.
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2022-08-11 (economictimes.com)
Ashok Leyland’s EV arm Switch Mobility partners Chalo to deploy 5000 EV buses in three years
About 150 million people travel by bus daily and yet the number of buses deployed are still not enough to meet their everyday commuting needs. These buses will save over 286000 tonnes of Co2 emission which is equivalent to 1.7 million trees capacity to consume Co2 and 86 million litres of fuel.
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2021-11-16 (reuters.com)
Ashok Leyland's Switch to provide 300 electric buses to Bengaluru
Switch Mobility, a British unit of commercial vehicle maker Ashok Leyland Ltd , said on Tuesday it would provide 300 electric buses to Indian city Bengaluru's public transport agency.
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2021-07-30 (business-standard.com)
Dana Incorporated picks up 1% stake in Switch Mobility for $18 mn
Switch Mobility the electric commercial vehicles arm of Ashok Leyland on Friday said Dana Incorporated Dana a global leader in drivetrain and epropulsion systems has picked up 1 per cent stake
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2021-04-09 (pv-magazine-india.com)
Ashok Leyland's Switch Mobility signs up Siemens for electric mobility solutions –
Siemens will provide smart charging infrastructure solutions for Switch Mobility's commercial electric vehicle customers in India. It will also collaborate on implementing innovative business models such as eMobility-as-a-Service, Vehicle-to-Grid, and on-site/off-site renewable energy sources by leveraging batteries from commercial vehicles.
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