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regular-article-logo Friday, 22 November 2024

Pay-by-mile option for Ashok Leyland electric vehicles

The company is launching OHM Mobility Solutions as battery costs and the consequent EV acquisition remains a high-value proposition

Anasuya Basu Calcutta Published 02.08.21, 01:25 AM
Representational image.

Representational image. Shutterstock

Switch Mobility, Ashok Leyland’s electrical vehicle arm, is looking at a subscription based model to drive zero carbon mobility on a mass scale.

As battery costs and the consequent EV acquisition remains a high-value proposition, the company is launching OHM Mobility Solutions that will be offering custom-based mobility solutions to bus operators, fleet operators and its LCV customers

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“Our strategy is around elimination of carbon. Zero emission is no longer enough, we have to eliminate carbon from manufacturing, charging, end-of-life battery and also from our supply chain. At the same time, our primary aim is to keep ownership cost at a minimum and this will be driven by mass adoption of EVs (eMaas) through various models such as pay-by-mile. We are basically changing from a capex model to an opex model where OHM Mobility Solutions will have bespoke solutions for our customers,” said Andrew Palmer, executive vice-chairman and CEO of Switch Mobility UK.

Switch Mobility will invest about $150-200 million over the next few years in its next phase of EV development.

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