Ashok Leyland realigns Switch Mobility, focuses on India EV market

Ashok Leyland [BSE:ASHOKLEY] today announced a strategic realignment of its Switch Mobility operations, involving the potential cessation of manufacturing and assembly activities at its Sherburn, UK facility. This decision follows continuing economic uncertainty in the UK and Europe, coupled with a slower than anticipated transition to electric vehicles in public transport. Switch UK will complete existing orders and maintain aftermarket support, with future UK and European market needs potentially served by Ashok Leyland's facilities in India and the UAE.