Hinduja Group bets big on electric mobility

With the rising demand for Electric Vehicles, the Hinduja Group is looking to increase its electric vehicle penetration across the bus and commercial vehicle segments by 2030.

Operating in the electric bus, heavy and light commercial vehicle segments through Switch Mobility and Ashok Leyland, the company anticipates strong demand momentum.

“We would expect the penetration in electric buses to be 15 per cent, but with the State Transport Undertaking (STU), the penetration will be more than double. Hence, more than 30 per cent penetration of the electric vehicle buses. Trucks, as it is a closed-loop movement where trucks come into play, the penetration will be between 5 to 10 per cent. In the Heavy Commercial Vehicle (HCV) segment, we will be looking at 15 to 20 per cent penetration, in th