The new structure explained:
The first subsidiary company will be Switch Mobility Automotive Ltd.
The second subsidiary company has been named OHM Global Mobility Private Ltd.
Together, the two will work collaboratively to speed the SWITCH to electric transportation in India.
“Switch Mobility Automotive Ltd will help us fulfil our aspiration of zero carbon emission transportation. With a strong presence and proven expertise in the commercial vehicle market in India and the experience of operating a large number of electric vehicles successfully in India and the U.K, we see huge opportunities for growth through Switch’s expansion in Indian and global markets.” - Dheeraj Hinduja, Chairman of Ashok Leyland and Switch Mobility
“Through OHM Global Mobility Private Ltd, we believe we can accelerate the global transition to net zero carbon mobility in buses and vans. OHM Global Mobility’s pioneering offering is not only extremely comprehensive in India but is also world-leading and will provide a robust model of business that can be leveraged by Switch in all its markets”. - Dr Andrew Palmer, Vice Chairman of Switch Mobility