Tuesday 18 October 2016

Make in India: Ashok Leyland launches India's 1st electric bus

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Commercial vehicle major Ashok Leyland on Monday launched India’s first Made-in-India electric bus. The company has invested Rs 150-200 crore to develop this.
Ashok Leyland owns an UK firm, Optare, which is a leading alternate technology player, especially in electric bus manufacturer.
“This new series is developed in India and is the next generation technology,” said Vinod K Dasari, managing director.
The vehicle would cost around Rs 1.5-3 crore, depending on the batteries and seats, says company officials. Upfront cost is high, but it can deliver payback to the customer in about four-five years, says Dasari.
Dasari is also hopeful that the government would give subsidy for the vehicle
“The Circuit series of buses is another testament to Ashok Leyland’s commitment to leverage India’s technological innovation to deliver relevant and best-in-class solutions for India and the world,” said Dasari.

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