Ashok Leyland eyes Ebitda break-even for EV arm Switch Mobility in FY25

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Ashok Leyland eyes Ebitda break-even for EV arm Switch Mobility in FY25 - Business Standard

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The company said it was unlikely to bring in investors for Switch or its e-Mobility as a Service (eMaaS) arm, Ohm Global Mobility, unless it finds suitable investors and good valuations.

Ashok Leyland's Executive Chairman, Dheeraj Hinduja, told Business Standard that the parent company's financial position was "very comfortable" and it will continue to support Switch and Ohm.