Ashok Leyland to invest ₹1,000 crore in FY27 to scale EV, battery and alternate-fuels

Ashok Leyland plans to invest ₹1,000 crore in FY27 to scale electric mobility, battery manufacturing and alternate-fuel technologies. "We are expanding our footprint across the entire EV ecosystem to better serve this fast-emerging market," said a company official. The firm aims to boost commercial deployment and strengthen its supply chain.