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Ashok Leyland is also planning to expand its foreign operations by targeting more new markets with a new range of vehicles
Commercial vehicle manufacturer Ashok Leyland sold a total of 13,336 units in June 2023, including medium and heavy commercial vehicles and light commercial vehicles, compared to 13,206 units in June 2022.
Last fiscal year, Ashok Leyland sold 1,14,247 Medium and heavy commercial vehicles (M&HCV) in the domestic market, representing a 75.5% increase.
The Ashok Leyland Dost and Ashok Leyland Bada Dost is a popular model in the light commercial vehicle category. However, Ashok Leyland Dost and Ashok Leyland Bada Dost pickup electric models will soon be available.
Ashok Leyland and IDBI Bank have inked a Memorandum of Understanding (MoU) under which the partners would offer customized financial solutions to dealers.
Ashok Leyland is also collaborating with partners to build the infrastructure required for these vehicles, such as charging and refuelling stations. According to the automaker, the new energy portfolio is part of a larger effort to reduce its environmenta
The autonomous electric terminal truck model will be built on an Ashok Leyland platform and outfitted with Aidrivers' autonomous eco-system. It will be manufactured at Ashok Leyland's production plant.
Ashok Leyland has added 10 more nations in West Africa and Southern Africa in the previous few years, bringing its truck and bus offerings to 38 countries.
The new partnership intends to provide a variety of inventory funding alternatives to 130 Ashok Leyland dealerships across the country in order to effectively meet their working capital requirements.
BPCL-R&D developed the ED7 fuel blend, which is 93% diesel and 7% ethanol. In partnership with Ashok Leyland, the ED7 fuel blend was rigorously tested and verified on the engine test bench.
Commercial vehicle manufacturer Ashok Leyland sold a total of 11,524 units in May 2023, including medium and heavy commercial vehicles and light commercial vehicles, compared to 12,175 units in May 2022. There is a decline of 3.95% in year-on-year sales.
Ashok Leyland's truck market share for Q4 FY23 increased to 32.7% from 30.6% in Q4 FY22. Similarly, the bus market share for Q4 FY23 increased to 27.1% from 26.4% in the same quarter last year.
Ashok Leyland is preparing to launch its electric LCV series, hopefully by the end of this year or early next year. Medium and heavy-duty trucks, on the other hand, are still a few years away. They can't rely on the environment built for two- and three-wh
Not only Ashok Leyland, but practically every major CV manufacturer, including Tata Motors, Volvo Eicher Commercial Vehicles (VECV), and others, are aiming to harness the potential of AI and other technologies along similar lines.
CV sales were 4944 units in April 2023, up from 4124 units in April 2022, representing a 20% increase.
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