Some of the prominent automobile companies of India published the data related to their Aug sales for the current and last year.

Ashok Leyland is a flagship of the Hinduja Group. As per the reports it is seen that the company has enjoyed a growth rate of 353% in its revenue in Q1 FY’22.

This investment was collectively done by e2W, e4W, EV component makers, eCVs and last-mile delivery companies. Of the investments, 32% was by eCVs, 28% by e4W, 23% by e2W and 19% by EV component makers.

Ashok Leyland has showcased its future readiness by coming up with the details of its latest strategic initiative - Switch Mobility Ltd, UK (Switch Mobility).

Indian Oil, the nation's largest oil refiner, has teamed up with start-up Phinergy to develop the Israeli company's aluminium-air battery.

Switch Mobility Ltd announced its formal launch to secure a leading global position in net zero carbon buses and light commercial vehicles

According to a research report by Emkay Global Financial Services, the volume of auto sales may recover from Q2FY22 due to easing of lockdowns, pent-up demand and improving macros.

Ashok Leyland, a leading commercial vehicle manufacturer in India, has announced the formation of an Environmental, Social & Governance (ESG) Committee which will be headed by an Independent Director.

Emkay Global Financial Services released its Automobiles report recently, according to which the May’21 volumes were likely to be hit by the second Covid-19 wave and lockdowns across states.