Ashok Leyland to Invest ₹5,000 Crore in Battery Manufacturing with China's CALB

 


Ashok Leyland, a leading Indian commercial vehicle manufacturer, has announced plans to invest ₹5,000 crore to establish battery manufacturing facilities in India. The company has entered into a strategic partnership with China Aviation Lithium Battery (CALB), one of the world’s top battery producers.

The collaboration aims to develop advanced battery solutions to support India’s growing electric mobility sector, especially in commercial vehicles and buses. The investment will focus on setting up large-scale production, ensuring cost efficiency, and boosting India’s push for clean energy adoption.

By joining forces with CALB, Ashok Leyland seeks to combine global battery expertise with local manufacturing capabilities, strengthening India’s position in the global EV ecosystem.


Comments

Popular posts from this blog

International Tolerance Day - UAE is "Home of all" and "Beacon of Tolerance"

UAE and South Korea Forge Strategic Partnerships with New Agreements

Strengthening Strategic Ties: India and UAE Forge a Path to Prosperity Through CEPA and New Agreements