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Ashok Leyland Ltd enters battery manufacturing
short by / on Wednesday, 3 September, 2025
Ashok Leyland has formed a strategic domestic partnership with CALB (HK) Co., Ltd. for the development and manufacturing of batteries. The company plans to invest over ₹5,000 crore over the next 7-10 years to build a localised battery supply chain in India. This collaboration will initially focus on EVs, with future plans to expand into non-automotive sectors.