Ashok Leyland’s Switch to provide 300 electric buses to Bengaluru

LONDON, Nov 16 (Reuters) – Switch Mobility, a British unit of commercial vehicle maker Ashok Leyland Ltd (ASOK.NS), said on Tuesday it would provide 300 electric buses to Indian city Bengaluru’s public transport agency.

Switch will supply, operate and maintain the buses for the Bengaluru Metropolitan Transport Corporation under a 12-year contract. Switch said the 300 buses should reduce fossil-fuel consumption by around 5.5 million litres annually.

Competition in the electric bus market is heating up as countries, states and cities push towards zero-emission transport. Companies such as China’s BYD Co Ltd (002594.SZ) and Volvo AB (VOLVb.ST) are vying with startups like California’s Proterra Inc (PTRA.O) and Britain’s Arrival

Ashok Leyland, India’s largest bus maker, recently formed Switch, which includes parts of British bus maker Optare, to handle all of its global electrification efforts.

Reporting By Nick Carey; Editing by Pravin Char
Source : Reuters