Ashok Leyland subsidiary Switch Mobility gets $18m investment from Dana
Ashok Leyland said that its subsidiary — Switch Mobility Ltd, an electrified commercial vehicles company, has secured an investment of $18 million from Dana Incorporated, a US-based provider of drivetrain and electrified propulsion systems. Dana Incorporated will get a minority stake in Switch Mobility. It will also become a preferred supplier of electric drivetrain components […]