Ashok Leyland ties up with China’s CALB: Focus on lithium-Iion pack assembly in India; targets full cell production in five years
Ashok Leyland Ltd, the flagship company of the Hinduja Group, is collaborating with China’s CALB Group Co to develop expertise in lithium-ion technology and gradually manufacture batteries domestically. CALB Grou is China’s third-largest battery maker.The Chennai-based truck and bus manufacturer signed a 20-year agreement with CALB earlier this month. Under the deal, Ashok Leyland will…