STOCKWATCH

Ashok Leyland Subsidiary Bags Order for 500 Electric Buses from MTC, Chennai

Ashok Leyland, through its subsidiary OHM Global Mobility, has secured an order for 500 12-m ultra-low floor electric buses from the Metropolitan Transport Corporation (MTC), Chennai. This order will strengthen Ashok Leyland's dominant position in the bus segment and promote sustainable urban mobility in India. The buses, supplied by another subsidiary Switch Mobility, will operate and be maintained by OHM over a period of 12 years. The electric buses, with a range of over 200 kilometers per charge, are designed for comfort and efficiency, and are equipped with features such as an ultra-low-floor design and wheelchair accessibility. This order is a testament to Ashok Leyland's commitment to driving the transition to electric mobility and creating cleaner, more efficient transport systems.

• Ashok Leyland's subsidiary OHM Global Mobility has won an order for 500 electric buses from MTC, Chennai.
• The buses are 12-m ultra-low floor electric buses, designed for comfort and efficiency.
• Switch Mobility, another Ashok Leyland subsidiary, will supply the buses to OHM.
• The buses will operate and be maintained by OHM over a period of 12 years.
• This order underscores Ashok Leyland's commitment to advancing sustainable urban mobility in India.