"Indian manufacturer Ashok Leyland will start manufacturing electric buses for the European market at its Ras Al Khaimah plant in the UAE (United Arab Emirates) within the next 12 months, according to statements by Managing Director and CEO Shenu Agarwal reported on The New Indian Express. This move would position the UAE facility as a production base for battery-electric buses targeting Europe."
"Switch Mobility to export in Europe from UAE? As reported by The New Indian Express, Switch buses are currently being exported to Mauritius, and the company has secured an order for 45 electric buses from Bhutan. Between April and December 2025, Switch India sold 850 buses and 1,200 electric light commercial vehicles, with an order book of 1,350 units. More than 240 buses have been delivered in Delhi."
"Ashok Leyland is also evaluating external funding options for its EV vertical, OHM Global Mobility. "We have already invested Rs 300 crore in OHM and earmarked another Rs 300 crore. Beyond this Rs 600 crore, we will look to add other fund-raising options," Agarwal said during the earnings call, as quoted by The New Indian Express. In Q3, the company posted a profit of Rs 796 crore, up 4% year-on-year, while export volumes rose to 4,965 units from 4,151 units a year earlier."
Ashok Leyland will manufacture battery-electric buses for Europe at its Ras Al Khaimah plant in the UAE within 12 months, creating a Europe-focused production base. Switch Mobility introduced EiV12 and E1 electric bus models, with uncertainty whether the new presentations match the 2022 versions. Switch exports buses to Mauritius, secured a 45-bus order from Bhutan, and between April–December 2025 sold 850 buses and 1,200 electric light commercial vehicles, holding an order book of 1,350 units and delivering over 240 buses in Delhi. Ashok Leyland invested Rs 300 crore in OHM Global Mobility and earmarked another Rs 300 crore, will consider external fundraising, and posted Q3 profit of Rs 796 crore with exports rising to 4,965 units from 4,151.
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