Infusion to fund expansion of product portfolio, R&D & operations The Board of Directors of Ashok Leyland have approved an investment of Rs. 1200 cr. in Switch Mobility as equity through its holding company Optare PLC UK. The funds infused will be used for capital expenditure, R&D and meeting operational requirements both in UK and India. The funds will be infused over the next […]
Continue Reading
BorgWarner unveiled its new logo underscoring the company’s progress in its eMobility transformation through the execution of its Charging Forward strategy. The new logo is a visual representation of the company’s transformation – it is future-focused, dynamic and signals a new chapter in BorgWarner’s long and proud history. This is the first time the logo […]
Continue Reading
BorgWarner has unveiled Project CHARGING FORWARD at its latest Investor Day. The project represents an acceleration of its electrification strategy, which is expected to bring the company’s electric vehicle revenue from less than 3% of total revenues today to approximately 45% in 2030. Frédéric Lissalde, President and CEO of BorgWarner, said, “Our company’s 100-plus year […]
Continue Reading