With CV major Ashok Leyland announcing a 28 per cent jump in profits to Rs.1563 crores in FY2017-18, the backdrop of higher spending on infrastructure and demand in the replacement market is expected to provide the CV industry with a big boost in FY2018-19, claim industry sources. They mention that the industry will clock a growth of much higher than[Read More…]
Flexible tech Q. How is the India electric vehicle story shaping up? A. When electric vehicle movement began, it was about USD 2500 per kWh. Now it is USD 250 per kWh. When it reaches the 120 kWh level, it would be better to have electric vehicles than diesel vehicles. Battery costs are coming down. They are reducing by eight[Read More…]
Ashok Leyland is banking on new, innovative products to augment its market share. Story by: Bhushan Mhapralkar Ashok Leyland is banking on new, innovative products to continue growing. Preparing to launch 30 new products to further augment its performance across light, medium and heavy segments, the Hinduja Group company, claiming to have earned a price premium on over one lakh[Read More…]
Ashok Leyland has signed a Letter of Intent (LoI) with Phinergy, Israel, for the development of varying energy management solutions to the customers. Phinergy has developed cutting edge technology solutions for the use of aluminum-air batteries for EVs and other applications. Ashok Leyland and Phinergy will tailor the unique technology to meet the demanding high-energy requirements of CVs in the[Read More…]
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