Switch Mobility, the wholly-owned subsidiary of Ashok Leyland, has launched the low-floor variant of its EiV12 electric bus, which was until now available only in a standard floor option. The Electric Vehicle (EV) arm of Ashok Leyland has also launched Switch E1, which has been developed for the European market.
Both the e-buses, which share common design philosophies and architecture, were launched by Nitin Gadkari, Union Minister for Minister of Road Transport and Highways, in the presence of Ashok P. Hinduja, Chairman of Hinduja Group Companies (India), among others.
Ashok P. Hinduja observed while launching these vehicles - “These buses are a tribute to the PM’s Make in India vision: made in India, for India and the World. Switch Mobility is inspired to launch newer vehicles with cutting-edge technology and zero carbon emissions, only because of the wonderful road infrastructure that is coming up in India.”
Switch EiV12 platform is indigenously designed, developed and manufactured for urban city commutes. The battery-driven bus, which has a seating capacity of up to 39 passengers, will be targeting various State Transport Undertakings (STUs) in metropolitan cities. The e-bus is claimed to be the country's first low-floor city bus featuring a scalable battery capacity of over 400 kWh.
Mahesh Babu, Chief Executive Officer, Switch Mobility, said, These innovations harness cutting-edge EV technology to deliver superior efficiency, safety, and passenger comfort. Our low-floor electric city bus has garnered 1,800 orders." He revealed that the EiV12 bus has secured orders from customers in cities such as Delhi, Bengaluru, and Chennai.
Switch Mobility also informed that it has invested Rs 100 crore in developing the EiV12 and plans an additional $10-15 million for the E1 platform in Europe.
As per industry watchers, the Indian electric city bus market is expected to grow at a CAGR of 21 percent by 2030 with an EV penetration of 70 percent. The total parc (vehicle sales per annum) for electric city buses is likely to cross 70,000 units by 2030, as per analysts.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
