Ashok Leyland to invest Rs. 5,000 crore in battery tech

Energy Storage Sector News India

Ashok Leyland plans to invest over Rs. 5,000 crore in next-gen battery technologies over 7–10 years, serving both automotive and energy storage sectors. Partnering exclusively with China’s CALB Group, the initiative will strengthen localised supply chains for its EV arm Switch Mobility. A Global Centre of Excellence will drive R&D in materials, recycling, and manufacturing.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th September 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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