Ashok Leyland Partners CALB in 20-Year Deal: ₹50,000 Cr Investment to Master EV Battery Tech

Ashok Leyland signs 20-year pact with CALB of China, wherein ₹50,000 Cr will be invested to develop and manufacture EV lithium-ion cells in India within five years. Ashok Leyland has now committed to a 20-year strategic partnership with the China-based CALB Group, the world’s third-largest producer of batteries, which includes materials used in the manufacturing, development, and research of lithium-ion batteries. That makes India the hotspot for high-performance, superior lithium-ion