Ashok Leyland partners with ABB Power Products in the public electric mobility space

Hinduja Group's flagship firm Ashok Leyland and ABB Power Products and Systems India on Thursday announced a partnership for co-operation in public electric mobility space with plans to develop electric bus that can be charged within seconds.

Shares of ABB India were trading 4% higher.

The partnership aims to expand eco-system for efficient and greener electric bus transportation systems in India, the companies said in a statement.

The partners aim to develop a pilot electric bus based on ABB''s innovative flash-charge technology, TOSA, which tops up the battery in just seconds while passengers get on and off the bus.

"This avoids the need to take the vehicle out of service for recharging every few hours or having a replacement bus ready, thus minimising the size of the fleet while increasing passenger carrying capacity," the statement said.
Commenting on the development, ABB Power Products and Systems India Managing Director N Venu said, "We are pushing the boundaries of e-mobility with our flash-charging technology TOSA for buses to contribute to a cleaner, greener, and sustainable future."
The aim is to provide zero local emission mass public transportation bus system with high passenger capacity, he added.
Ashok Leyland Chief Technology Officer N Saravanan said to stay competitive in domestic and global markets, the company is joining hands with ABB to use their world-renowned TOSA technology on e-buses to take forward the vision of expanding in the EV space.
"This solution of the flash charge technology (TOSA), which enables charging the battery in seconds, is another example of us delivering on our brand promise of ''Aapki Jeet. Hamari Jeet''," he added.

ABB''s TOSA is the world''s fastest flash-charging connection technology, which at select passenger stops connects bus to charging infrastructure and in 15 seconds batteries are charged with a 600-kilowatt power boost.

An additional few minutes charge at the final terminal enables a full recharge without interrupting the bus schedule, the statement said. PTI RKL RVK.
Ashok Leyland Ltd is currently trading at Rs82.50 up by Rs0.1 or 0.12% from its previous closing of Rs82.40 on the BSE.
The scrip opened at Rs83.10 and has touched a high and low of Rs83.10 and Rs81.85 respectively. So far 47,31,214 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs24,086cr.

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