News
Mahindra Last Mile Mobility Leads L5 EV Market with 37.3% Share in FY25
Mahindra Last Mile Mobility Limited (MLMML) has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands, Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2 per cent EV penetration in the segment. This marks a substantial increase from 16.9 per cent EV penetration in[Read More…]
Ashok Leyland Defence Business Secures Multiple Orders Worth ₹700 Crore
Ashok Leyland, the Indian flagship of the Hinduja Group, and the largest supplier of logistics vehicles to the Indian Army, announced that its Defence business has won multiple orders valued more than Rs. 700 Cr. The vehicles to be supplied under these orders are to fulfil Defence sector needs of troop transportation, logistics, and other specialised mobility requirements under the Close-in[Read More…]
Switch Mobility Reshapes Strategy, Strengthens India Focus Amid Market Challenges
In wake of continuing general economic uncertainty faced in both the UK and Europe, and slower than expected transition to EVs in public transport, the Board of Directors of Switch Mobility Limited UK (Switch UK) approved commencement of consultation process with the employees which could potentially lead to cessation of its manufacturing and assembly activities at the Sherburn facility. Switch[Read More…]
