Switch Mobility, the electric-vehicle subsidiary of Ashok Leyland, has turned profitable in the first half of fiscal year 2025-26 a major milestone as it pivots from traditional commercial vehicles to electric mobility.
To reduce costs and boost efficiency, the company is moving its bus manufacturing operations from the UK to its Ras Al Khaimah (RAK) plant in the United Arab Emirates. This shift is designed to lower operational expenses while improving logistics for exports to both GCC and European markets.
This restructuring is supported by closer synergies with Ashok Leyland — including shared technology, supply chain integration, and administrative support — which the company credits for helping turn around its previous losses.
Meanwhile, Switch Mobility is planning a ₹5,000 crore investment in India to build a new facility dedicated to battery production. The plan is to first assemble battery packs, then move into cell manufacturing to create a more localized, cost-efficient supply chain.
Strategically, this shift reinforces Switch’s competitiveness. The UAE base gives it a cost-effective export hub for GCC and European markets, while the vertical integration in battery manufacturing strengthens its long-term EV roadmap.
From an industry perspective, Switch Mobility’s profitability and global restructuring highlight how EV companies can thrive through smart operational moves, cost control, and deeper integration — positioning Ashok Leyland as a key EV player both in India and internationally.
