Tag: Dana incorporated

Dana to invest $ 18mn in Ashok Leyland subsidiary Switch Mobility

Switch Mobility Ltd (Switch Mobility), the Electrified Commercial Vehicles company and subsidiary of Ashok Leyland Ltd, Indian flagship of the Hinduja Group and a leading company vehicle manufacturer, announced a strategic agreement with Dana Incorporated (Dana), the global leader in drivetrain and e-propulsion systems, to make a minority investment in Switch. Under the terms of…