Ashok Leyland increases stake in Optare Plc to 92.6% to boosting EV initiatives
In a significant move within the automotive industry, Ashok Leyland, India’s leading commercial vehicle manufacturer, has announced an increased investment in Optare Plc, a U.K.-based subsidiary known for its manufacture and sale of commercial vehicles, particularly in the electric vehicle (EV) sector. Through a second tranche investment of GBP 50,679,500 (approximately Rs. 536.73 Crores), Ashok […]