Battery Push Goes Beyond Cost Cutting, Localisation: Ashok Leyland CEO
Mumbai, Aug. 15 -- Ashok Leyland's battery pack manufacturing plans are designed to boost vehicle integration and open new revenue streams, not just cut costs or meet local-sourcing rules, said Chief Executive Officer Shenu Agarwal during the company's Q1 FY27 financial results announcement.
The Hinduja Group-controlled truckmaker is building a battery pack plant in Tamil Nadu, with production slated to start in 2027. The facility, located in the SIPCOT Pillaipakkam Industrial Park near Chennai, forms the first phase of a broader INR 75 billion commitment by the group.
Speaking to Motoring Trends on the same, Agarwal's said, "Don't look at the battery pack business just from a cost perspective or localisation perspective. The company wi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.