Ashok Leyland to acquire a 26% stake in UK’s Optare

Chennai / London: July 29th, 2010: Ashok Leyland Ltd, the flagship company of the London-based Hinduja Group, announced today that it had reached agreement with Optare plc, a leading bus manufacturer in the UK, to subscribe for a 26 percent stake as a part of long-term strategic cooperation. The inv...

Government’s recommitment to electric vehicles will drive technology - Axeon

As Europe’s largest independent supplier of lithium-ion battery systems, Scottish-based Axeon today welcomed news that the new UK Government is to maintain subsidies for electric and plug-in electric cars as well as for other low carbon vehicles. It said that the recommitment will push new techno...

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