Chennai-based commercial vehicle manufacturer Ashok Leyland has floated two new subsidiaries - Switch Mobility Automotive Ltd and OHM Global Mobility Private Ltd to speed up its electrification drive.
The first, Switch Mobility Automotive Ltd, is being formed to carry on India’s EV strategy, which forms part of its global entity. The second is OHM Global Mobility Private Ltd, which will provide Mobility as a Service offering. Switch Mobility Automotive Ltd brings together Ashok Leyland’s capabilities both from Optare UK and Ashok Leyland’s EV Division.
OHM Global Mobility Private Ltd is a solutions company being piloted in India with ambitious plans to roll out Mobility as a Service (eMaaS) globally. Together, Switch and OHM will provide a net carbon zero-emission solution to India’s exciting trend towards EV urban buses and LCVs.
Dheeraj Hinduja, Chairman, Ashok Leyland and Switch Mobility Ltd, said, “Switch Mobility Automotive Ltd will help us fulfil our aspiration of zero carbon emission transportation. With a strong presence and proven expertise in the commercial vehicle market in India and the experience of operating a large number of electric vehicles successfully in India and the UK, we see huge opportunities for growth through Switch’s expansion in Indian and Global markets.”
Vipin Sondhi, MD & CEO, Ashok Leyland Ltd, said, “Creating Switch Mobility Automotive Ltd India and OHM Global Mobility Private Ltd will give us the ability to drive the sustainability agenda which Ashok Leyland is passionate about. It will combine our consumer-centric approach with the expertise in technology that the new entities will bring to the table”
Andrew Palmer, Vice Chairman, Switch Mobility Ltd, said, “Through OHM Global Mobility Private Ltd, we believe we can accelerate the transition to net-zero carbon mobility in buses and vans. OHM Global Mobility’s pioneering offering is not only extremely comprehensive in India, but is also world-leading and will provide a robust model of business that can be leveraged by Switch in all its markets”.