Ashok Leyland inaugurates Electric Vehicle testing facility in Ennore

The company commissioned an integrated electric vehicle design, prototyping and testing facility at its Ennore plant, on Friday.

The centre will serves as an in-house design, engineering and prototyping as well as testing facility for electric vehicle (EV) motors, batteries and power electronics, said the company in a release to the exchange.

Ashok Leyland has a capacity to manufacture about 5,000-10,000 vehicles per annum, with different battery and charging options. The company is actively engaging with Indian as well as global start-ups to device innovative solution to cater the EV market when volumes see an uptick.

The company is also starting new product platforms in the EV sector such as eLCV, Low Floor City Buses, and also Last Mile Connectivity and Power Solutions products. It is also exploring Business Models including eMobility as a Service (eMaaS) and eMobility as a Solution (eMSol) in line with the government's eMobility vision.

Meanwhile, the stock of Ashok Leyland Limited closed at Rs. 131.75 per share, up by 1.54 per cent on Friday, on a day when the Nifty Auto index closed up by 2.20 per cent at 11,036.65, while the benchmark Nifty50 closed at 11,589.10, up 52.20 points or 0.45 per cent.