Ashok Leyland
Indian multinational automotive company
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| 2025 | Planned launch of an electric commercial vehicle manufacturing plant in Uttar Pradesh, initially producing 2,500 vehicles annually, with plans to increase to 5,000 vehicles per year. |
| 2024 | Entered into a Memorandum of Understanding (MoU) with the Tamil Nadu government for a Rs 1,200 crore investment. |
| July 22 2024 | Unveiled its first 15-meter, multi-axle bus chassis, the Ashok Leyland Garud, at the M&HCV Expo in Bengaluru. |
| April 18 2024 | Ashok Leyland signed a memorandum of understanding with South Indian Bank to provide competitive finance options for their truck and bus dealer network, including inventory financing solutions. |
| May 26 2022 | Ashok Leyland announced a strategic partnership with ETG Group to expand its presence in Africa, with ETG Logistics (ETGL) set to operate Ashok Leyland dealerships in six southern African countries. |
| December 2021 | Ashok Leyland partnered with Combat Vehicles Research and Development Establishment (CVRDE) under DRDO to design and develop a 600-hp indigenous engine for the DRDO WhAP armoured fighting vehicle (AFV) project. A prototype engine was manufactured and prepared for rigorous testing at the Engine Development Centre in Vellivoyalchavadi, near Chennai. |
| November 2020 | Ashok Leyland announced the rebranding of Optare as Switch Mobility. |
| September 2020 | Launched the Bada Dost commercial vehicle based on the indigenously developed Phoenix LCV platform. |
| June 2020 | Launched a new range of modular trucks called AVTR. |
| 2019 | The company was ranked 34th best brand in India by Interbrand, highlighting its significant brand value and market positioning. |
| 2019 | Ashok Leyland received the AON Best Employers for India award, recognizing the company's excellence in workplace practices. |
| 2018 | Ashok Leyland raised its stake in Optare to 99.08%. |
| 2017 | Ashok Leyland acquired an additional 72.31% stake in Optare, increasing its total ownership to 98.31%. |
| 2016 | Ashok Leyland launched the Circuit, India's first indigenously produced fully electric bus. The zero-emission vehicle can run 120 km on a single charge and includes an alert system for power levels, developed as part of the National Electric Mobility Plan aiming for 20% electric or hybrid vehicle penetration by 2020. |
| June 11 2012 | Ashok Leyland supplied 100 Falcon buses to Ghana for $7.6 million, marking a significant export deal. |
| 2011 | Optare moved to a new purpose-built factory in Sherburn-in-Elmet. |
| 2010 | Ashok Leyland acquired a 26% stake in the British bus manufacturer Optare. |
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