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Ashok Leyland's UK subsidiary acquires Indian EV subsidiary prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Estudantes criam 1ª moto elétrica de corrida do Brasil tecmundo.com.br - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tecmundo.com.br Daily Mail and Mail on Sunday newspapers.
Siemens has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly work in the electric commercial vehicle segment in India.Under the MoU, Switch Mobility, which is owned by the Hinduja Group and an arm of Ashok Leyland, will bring in its electric commercial vehicles into India, while Siemens would provide the charging infrastructure technology and charging infrastructure management software solution to enhance the energy-efficient operations of the chargers. ....
Siemens Limited and the Hinduja group s Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment. Siemens also said Siemens Financial Services (SFS), the financing arm of Siemens AG, would consider a minority investment in OHM Global Mobility Private Limited, another Hinduja group company. While Switch Mobility would bring in its electric commercial vehicles into India, Siemens would provide the charging infrastructure technology and charging infrastructure management software solution to enhance the energy-efficient operations of the chargers, Siemens said. According to Siemens, it would also collaborate with Switch Mobility on new business models such as eMobility-as-a-Service (eMaas), integrated depot energy management, Vehicle-to-Grid (V2G) as well as on-site/off-site renewable energy sources by leveraging batteries from commercial vehicles. ....
Ashok Leyland rose 1.55% to Rs 124.70 after Switch Mobility Automotive joined hands with Siemens, to address the potential of the e-mobility market in India. Switch Mobility Automotive and Siemens entered into a Memorandum of Understanding (MoU) towards building a co-operative technological partnership in electric commercial mobility segment and execute eMobility projects in India. The MOU is aimed at delivering efficient, cost-effective and sustainable E-Mobility solutions to various commercialvehicle customers in India. As part of the MoU, Siemens Financial Services (SFS), the financing arm of Siemens AG, will consider a minority investment in OHM Global Mobility, the eMaas platform company to be formed as a subsidiary of Switch Mobility Automotive. ....