Ashok Leyland subsidiary Optare wins world's first Electric Double Decker order

Shalini | Myequity news service | Date : 10-08-2018 17:30:00 IST

Ashok Leyland, flagship of the Hinduja Group, today announced a significant win by its subsidiary Optare PLC from Transport for London (TfL). The order is for 31 Optare Metrodecker EV double-decker buses to be bought by Metroline and will be added to London's fleet by next summer. The buses will be used on Metroline's iconic routes 43 (Friern Barnet -London Bridge) and 134 (North Finchley -Tottenham Court Road), which will become exclusively operated by electric double deckers. This landmark order delivers the largest pure electric double-decker bus fleet in Europe and was recently announced by London Mayor Sadiq Khan at a national air quality summit.

Vinod K. Dasari, Managing Director, Ashok Leyland, said, "Double-decker buses in London have been iconic and is a matter of prestige for the city. It is a moment of great pride not only for us but for our country, as our subsidiary, Optare wins such a crucial and environmentally significant order. Optare, along with active involvement of Ashok Leyland engineering, has been at the forefront of e-mobility evolution and this order proves that it has the technology prowess that is expected from one of the most challenging markets like the UK."

"As one of the global leaders in public transport, Ashok Leyland has been investing intelligently in developing e-mobility solutions for various markets. Our commitment and investment in Optare was a strategic move which will give us long-term benefits not only in terms of revenue but also in terms of developing the technology. E-mobility business for us is growing fast and Optare will play a crucial role in strengthening our leadership position globally."

About Ashok Leyland Ltd:

Ashok Leyland Ltd is the 2nd largest manufacturer of commercial vehicles in India, the 4th largest manufacturer of buses in the world and the 12th largest manufacturer of trucks globally. The company's products include buses, trucks, engines, defense and special vehicles. From 18 seater to 82 seater double-decker buses, from 7.5 ton to 49 ton in haulage vehicles, from numerous special application vehicles to diesel engines for industrial, marine and genset applications, Ashok Leyland offers a range of products. The company is the flagship of the Hinduja Group. Headquartered in Chennai, India, Ashok Leylands manufacturing footprint spreads across the globe with 9 plants; including one each at Great Britain and Ras Al Khaimah (UAE). The company's Joint Venture partners include John Deere (USA) for Construction Equipment, Continental AG (Germany) for Automotive Infotronics and the Alteams Group for the manufacture of high-press die-casting extruded aluminum components for the automotive and telecommunications sectors.

Ashok Leyland Ltd was incorporated in the year 1948 with the name Ashok Motors. The company was set up in collaboration with Austin Motor Company, England for the assembly of Austin cars. In The year 1949, they commenced production at the factory situated at Ennore, south of Madras. Also, they rolled out the first indigenously assembled A40 Austin car.

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