This story is from December 15, 2021
Ashok Leyland's EV arm Switch Mobility to open manufacturing hub in Spain
CHENNAI: Ashok Leyland's electric vehicle arm
"With a significant presence already in the UK and India, the new facility will extend Switch’s footprint as part of the company’s global plans," said the company in a statement.
The hub will comprise two production lines and is expected to see the first buses produced in quarter four 2022. With an initial focus on the manufacture of net zero carbon electric vehicles for the European market and R&D of Switch’s next generation of electric buses and light commercial vehicles, the site will also have capacity to serve markets further afield including South America.
"Switch has worked closely with the Spanish national and regional governments during the planning stages and is also closely collaborating with the local Town Halls and a memorandum of understanding was signed in October," said the statement.
Andy Palmer, executive vice-chairman and CEO of Switch Mobility Ltd, said: “We will benefit greatly from the region's abundance of talent. Supporting our well-established sites in the UK and India, our Spanish facility will provide us with crucial access to the European market.”
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Switch Mobility
is setting up a new manufacturing and technology centre in Castilla y León,Spain
. Switch’s first facility in continental Europe will see the company invest around 100 million euros over the next 10 years.The hub will comprise two production lines and is expected to see the first buses produced in quarter four 2022. With an initial focus on the manufacture of net zero carbon electric vehicles for the European market and R&D of Switch’s next generation of electric buses and light commercial vehicles, the site will also have capacity to serve markets further afield including South America.
"Switch has worked closely with the Spanish national and regional governments during the planning stages and is also closely collaborating with the local Town Halls and a memorandum of understanding was signed in October," said the statement.
Andy Palmer, executive vice-chairman and CEO of Switch Mobility Ltd, said: “We will benefit greatly from the region's abundance of talent. Supporting our well-established sites in the UK and India, our Spanish facility will provide us with crucial access to the European market.”
Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.
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