Ashok Leyland to make minority investment in Switch

Ashok Leyland to make minority investment in Switch

by admin- Friday, July 30th, 2021 05:33:12 PM

Switch Mobility the Electrified Commercial Vehicles business enterprise and subsidiary of Ashok Leyland announced a strategic settlement with Dana Incorporated (Dana), the worldwide
chief in drivetrain and e-propulsion structures, to make a minority funding in Switch.

Under the terms of the agreement, Dana will make a strategic funding in Switch Mobility and will also be a desired dealer of electrical drivetrain components for the company’s e-bus and EV business vehicle offering – including e-Axles, gearboxes, cars, inverters, software program and controls, and electronics cooling.

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