Tag: Ashok Leyland EV
AUTO Ashok Leyland Plans To Raise Capex, Push Premiumisation And EV Growth

Hinduja Group flagship Ashok Leyland is stepping up investments in new technologies, products and emerging market opportunities as it pursues a premiumisation-led growth strategy, Managing Director and Chief Executive Officer Shenu Agarwal said during the company’s Q1 FY27 earnings conference call. The commercial vehicle maker, which traditionally invested around ₹400-500 crore annually, has increased its […]

Sajan C Kumar · Aug 21, 2026
AUTO Ashok Leyland To Infuse ₹825 Cr Into Hinduja Housing Finance, Optare Plc

Ashok Leyland has approved investments totalling around ₹825 crore in Hinduja Housing Finance Ltd (HHFL) and its UK-based subsidiary Optare Plc, as the commercial vehicle maker looks to strengthen its financial ecosystem and support its electric mobility and international operations. The board has approved an investment of ₹500 crore in equity shares of Hinduja Housing […]

CW Bureau · Aug 14, 2026
AUTO Ashok Leyland, Drivn Join Hands To Finance Electric Commercial Vehicles

Ashok Leyland, the flagship of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, has signed a memorandum of understanding (MoU) with Drivn, a provider of financing and leasing solutions for electric commercial vehicles, to offer customised financial solutions to customers buying Ashok Leyland’s electric vehicles. The partnership is aimed at making electric […]

CW Bureau · Aug 10, 2026