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1 week ago | 
autocarpro.in | Yukta Mudgal
Industry leaders highlight weakening demand in SAARC nations but project strong growth in Europe, the UK, the US, and Australia.
By Yukta Mudgal
28 May 2025
12 Views
India’s share in the global construction equipment market has the potential to grow fivefold, according to top industry executives, who cite rising demand from developed markets and supportive trade agreements such as the UK-India Free Trade Agreement (FTA) as key drivers.
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1 week ago | 
autocarpro.in | Yukta Mudgal
Terra Motors plans to restart exports to key African markets including Ethiopia, Tanzania, and Nigeria after disruptions caused by the COVID-19 pandemic.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal |Darshan A Nakhwa
CEO Shenu Agarwal says safeguard duty on steel will affect short-term margins but expects prices to stabilise by Q2
By Darshan Nakhwa and Yukta Mudgal
23 May 2025
41 Views
Ashok Leyland is bracing for short-term margin pressure in the first quarter of FY26 due to rising steel prices following the imposition of safeguard duties.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal
Aims to widen LCV coverage beyond 2–4T segment as it readies new products to tap the urban logistics boom
By Yukta Mudgal and Ketan Thakkar
23 May 2025
38 Views
Ashok Leyland is gearing up for a significant expansion in the light commercial vehicle (LCV) segment, Managing Director & CEO Shenu Agarwal said on Thursday. The company aims to broaden its product portfolio and boost its market share.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal
Ashok Leyland’s EV efforts are led by its subsidiary, Switch Mobility, which has launched electric light commercial vehicles and buses in both domestic and global markets.
By Ketan Thakkar and Yukta Mudgal
23 May 2025
37 Views
Ashok Leyland Ltd, India’s second-largest commercial vehicle maker, is ramping up its efforts across the entire spectrum of alternate fuels.
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2 weeks ago | 
autocarpro.in | Prerna Lidhoo |Hormazd Sorabjee |Yukta Mudgal
The company is focusing on micro-segments, enhancing product value propositions, and investing in charging infrastructure to drive long-term growth.
By Prerna Lidhoo and Hormazd Sorabjee
23 May 2025
1178 Views
Tata Motors has come up with a robust strategy to bounce back to a 50% market share in the EV segment in the longer term, Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd, told Autocar Professional.
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2 weeks ago | 
autocarpro.in | Darshan A Nakhwa |Yukta Mudgal
The company said that FY26 investments would be based on the requirements of group companies, with Switch India and Hinduja Leyland Finance currently identified as likely candidates.
By Darshan Nakhwa and Yukta Mudgal
23 May 2025
34 Views
India’s second-largest commercial vehicle maker, Ashok Leyland, has reaffirmed its commitment to future growth by maintaining its capital expenditure at ₹1,000 crore for FY26, mirroring the outlay in FY25.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal |Darshan A Nakhwa
The company launched eight new products in FY25, including alternate fuel and EV offerings.
By Darshan Nakhwa and Yukta Mudgal
23 May 2025
40 Views
Ashok Leyland Ltd, India’s second-largest commercial vehicle maker, capped FY25 with record profitability, driven by a surge in electric vehicle (EV) orders and new product launches, even as domestic small commercial vehicle growth lagged, Chief Financial Officer K.M. Balaji said on Friday.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal |Darshan A Nakhwa
This highlights the company’s EV strategy, backed by an order book of 1,800+ electric buses, including exports, as of Q3 FY25.
By Yukta Mudgal and Darshan Nakhwa
23 May 2025
19 Views
Switch Mobility, the electric vehicle (EV) subsidiary of Ashok Leyland, achieved a significant milestone by posting a double-digit EBITDA margin in Q4 FY25 and reaching EBITDA break-even for the full financial year, Executive Chairman Dheeraj Hinduja announced on Friday.
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2 weeks ago | 
autocarpro.in | Yukta Mudgal
Currently, around 70% of the company’s revenue is derived from its telecom critical power business, with the remaining coming from the EV charging segment.
By Yukta Mudgal
22 May 2025
30 Views
Exicom, known for its critical power systems, is now accelerating its efforts to become one of the top three players in the electric vehicle (EV) charging market by the end of the decade.
