Ashok Leyland to enter battery manufacturing

Share

Ashok Leyland, part of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, today announced its plans to invest in the development and manufacturing of next-generation batteries.

In the initial phase, the new battery business will focus on the automotive sector, and then expand to non-automotive areas as well, including energy storage systems.

The company has entered into a long-term, exclusive partnership with CALB Group — one of China’s leading battery technology firms — for this battery manufacturing venture. Ashok Leyland will focus on battery localization in India, with total investments expected to exceed INR 5,000 crore over the next 7–10 years.

As part of the partnership, a Global Centre of Excellence will be established to serve as a hub for research and development. The center will drive innovation in areas such as battery materials, recycling, battery management systems (BMS), and advanced manufacturing processes.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Premier Energies acquires 51% stake in power transformer company Transcon Ind
23 October 2025 Premier Energies Ltd will subscribe to 1,04,082 equity shares of Hyderabad-based Transcon Ind Ltd at a price of INR 48,069 per share, for a total cons...