Ashok Leyland to carve out two new units to strengthen green transport solutions, Energy News, ET EnergyWorld

New Delhi: Commercial vehicles major Ashok Leyland on Wednesday said it has decided to form two new subsidiaries as part of its plans to strengthen green transport solutions. The company through its subsidiary Switch Mobility Ltd, the UK-based electric vehicle producer of buses and vans, is creating two units, Ashok Leyland said in a statement.

The first unit — Switch Mobility Automotive Ltd — is being formed to carry on the electric vehicle strategy in India and forms part of its global entity.

The second subsidiary — OHM Global Mobility Pvt Ltd — will focus on providing mobility as a service offering, it said.

Switch Mobility Automotive Ltd brings together the company’s capabilities both from Optare UK and Ashok Leyland’s EV Division, it noted.

“Switch Mobility Automotive Ltd will help us fulfil our aspiration of zero carbon emission transportation.

“With a strong presence and…

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