Ashok Leyland's Switch Mobility to achieve ebitda breakeven this fiscal

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Ashok Leyland's Switch Mobility to achieve ebitda breakeven this fiscal - Business Standard

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The company has stated that it is unlikely to bring in investors for Switch or its e-Mobility as a Service (eMaaS) arm, Ohm Global Mobility, unless favourable valuations and suitable investors are identified.

Commercial vehicle major Ashok Leyland expects the Indian business of its electric vehicle (EV) arm, Switch Mobility (Switch), to achieve break-even on an operating basis during this financial year.