Ashok Leyland, a leading Indian commercial vehicle manufacturer, has commenced the delivery of 24 units of its AVTR 55T Electric trucks to ASAT Logistics Pvt Ltd, a prominent logistics partner for Shree Cement. This milestone reinforces the strategic alliance between the two companies and highlights Ashok Leyland’s commitment to sustainable mobility through innovative electric truck technology. The first batch of four trucks was handed over to ASAT Logistics, with the remaining 20 units to be delivered subsequently.

According to Sanjeev Kumar, President of MHCV at Ashok Leyland, the delivery of these electric trucks demonstrates the company’s focus on innovation, sustainability, and performance in the commercial vehicle sector. The partnership with ASAT Logistics reflects the growing confidence in Ashok Leyland’s electric mobility solutions and reinforces its position as a technology leader in the logistics ecosystem. Arvind Sarda, CEO of ASAT Logistics, expressed his trust in the quality and performance of Ashok Leyland trucks, stating that the company is committed to building a sustainable and eco-friendly transportation ecosystem.

The AVTR 55T Electric trucks feature advanced technology, including Lithium-ion battery technology with dual-gun charging, automatic transmission, telematics, and a comprehensive suite of Advanced Driver Assist Systems (ADAS) and safety features. These vehicles are designed to deliver maximum efficiency, sustainability, and advanced technology, ensuring the lowest cost of ownership. They are also fully compatible with industry-standard trailers and superstructures, enabling seamless fleet integration.

The delivery of these electric trucks marks a significant milestone in Ashok Leyland’s journey to transform commercial transportation. The company is committed to eco-friendly mobility and is driving the future of sustainable transport through cutting-edge technology. By reducing the carbon footprint of India’s logistics and mobility ecosystem, Ashok Leyland is playing a pivotal role in promoting sustainable development. With its innovative electric truck technology, the company is poised to make a significant impact on the commercial vehicle sector and contribute to a cleaner, more efficient, and sustainable future.

Ashok Leyland, a prominent commercial vehicle manufacturer, has announced a 9% increase in total sales for the month of September, with 18,813 units sold compared to 17,233 units in the same period last year. This growth can be attributed to a rise in both domestic and export sales.

In terms of domestic sales, the company witnessed a 7% growth, with 17,209 units sold in September, up from 16,041 vehicles in the corresponding period of the previous year. The sales of medium and heavy commercial vehicles in the domestic market also saw a modest increase of 3%, with 10,499 units sold, compared to 10,210 units in the year-ago period.

On the other hand, light commercial vehicle sales in the domestic market experienced a more significant growth of 15% in September, with 6,701 units sold, up from 5,831 units in the same period last year. This increase suggests a growing demand for lighter commercial vehicles in the domestic market.

The overall sales growth of Ashok Leyland can be seen as a positive indicator for the commercial vehicle industry, which has been experiencing a slowdown in recent times. The company’s ability to increase its sales despite the challenging market conditions is a testament to its strong product lineup and customer base.

As a reliable and trusted news source, it is essential to note that the sales growth reported by Ashok Leyland is based on the company’s official statement and may be subject to various market and economic factors. The growth in sales can be attributed to several factors, including increased demand, new product launches, and competitive pricing strategies.

In conclusion, Ashok Leyland’s 9% increase in total sales for the month of September is a promising sign for the commercial vehicle industry. The company’s growth in domestic sales, particularly in the light commercial vehicle segment, suggests a positive trend and indicates that the industry may be recovering from the slowdown. As the industry continues to evolve, it will be interesting to see how Ashok Leyland and other commercial vehicle manufacturers adapt to the changing market dynamics and consumer preferences.

Ashok Leyland Ltd., a prominent Indian automaker, has partnered with CALB Group Co., China’s third-largest battery maker, to develop lithium-ion battery technology. The 20-year agreement aims to help Ashok Leyland master the technology behind lithium-ion cells, with the ultimate goal of designing and manufacturing batteries domestically. The company will start by importing cells from CALB and learning the process of assembling them into packs.

Ashok Leyland’s collaboration with CALB could serve as a test case for other Indian conglomerates, such as Reliance Industries Ltd. and the JSW Group, which are also pursuing tie-ups with Chinese firms for battery technology. India needs to tap into China’s expertise to accelerate its green energy goals, despite pushing for strategic self-reliance in critical sectors.

The company plans to invest over 50 billion rupees ($563 million) in the next seven to 10 years to manufacture next-generation batteries for various applications, including cars and grids. Ashok Leyland will initially focus on developing pack-assembly expertise, with guidance from CALB, and will supply battery packs to other automakers and for grid-scale storage.

The partnership is expected to play a significant role in India’s burgeoning electric vehicle market and growing energy storage sector. The South Asian nation is projected to become the third-largest battery market in the world, with demand expected to grow 19 times by 2035, according to estimates from BloombergNEF.

Ashok Leyland’s approach is deliberately cautious, with a focus on phased learning and building capability. The company aims to design and develop lithium-ion cells in India, a milestone that is expected to take at least five years. With the support of CALB, Ashok Leyland is betting that its phased learning approach will put it in a stronger position than rivals that rushed into cell manufacturing.

As a reliable and trusted news source, it is clear that Ashok Leyland’s partnership with CALB is a significant step towards developing lithium-ion battery technology in India. The collaboration has the potential to accelerate India’s green energy goals and establish the country as a major player in the global battery market. With the growing demand for electric vehicles and energy storage, Ashok Leyland’s investment in battery technology is expected to pay off in the long run.