Electric vehicles

Ashok Leyland to Invest ₹5,000 Crore in Next-Generation Batteries with CALB Group Partnership

Strategic Insights

Sep 1, 2025 — 1 min read

Ashok Leyland, the flagship of the Hinduja Group, has announced a significant investment of ₹5,000 crore over the next 7-10 years to develop and manufacture next-generation batteries for automotive and non-automotive applications. The company has entered into a long-term exclusive partnership with CALB Group, a leading battery technology company in China. This partnership aims to create a localized battery supply chain in India to accelerate the adoption of electric vehicles and reduce dependence on fossil fuels.

Key Takeaways:

Ashok Leyland will invest ₹5,000 crore over 7-10 years for the development and manufacturing of next-generation batteries.
The partnership with CALB Group will focus on creating a localized battery supply chain in India.
The initial phase will focus on the automotive sector, followed by non-automotive areas, including energy storage systems.
A Global Centre of Excellence will be created to serve as a hub for research and development, fostering innovation in battery materials, recycling, and advanced manufacturing processes.
The partnership will cater to both Ashok Leyland's electric vehicle portfolio and non-captive demand in the automotive sector and energy storage systems.
The agreements were signed by Shenu Agarwal, Managing Director & CEO, Ashok Leyland, and Jacky Liu, CEO, CALB (HK), Ltd.

Statistics:

₹5,000 crore investment over 7-10 years for the development and manufacturing of next-generation batteries.
7-10 year timeframe for the investment and partnership.
₹5,000 crore as the total investment for the partnership.
CALB Group is one of the foremost battery technology companies in China.
The partnership will create a localized battery supply chain in India to accelerate the adoption of electric vehicles.
The initial phase will only focus on the automotive sector.

Sources:

"Ashok Leyland to invest ₹5,000 crore in next-gen batteries" by Global Data Point.
"Ashok Leyland partners CALB Group for battery technology" by SyndiGate Media Inc.

The End of American Hypergrowth

For two centuries, the US economy grew by adding workers. That's over.

Healthcare's $5.3 Trillion Drag

How Medical Spending Became America's Biggest Productivity Tax

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Researchers at the Wuhan University of Technology in China have made significant progress in the field of nanotechnology, specifically in the area of nanoindentation. A novel electromagnetic shock treatment (EST) method has been developed to enhance the microscale mechanical properties of a titanium alloy, with promising results obtained through array-based

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients

Research investigators at the Zhengzhou Central Hospital Affiliated to Zhengzhou University have made groundbreaking discoveries on the role of gut microbiota in determining the efficacy of immunotherapy for colon cancer patients. The study, which was recently published in Biochimica et Biophysica Acta, reveals that specific bacterial species and microbial metabolites

Read more

The End of American Hypergrowth

Healthcare's $5.3 Trillion Drag

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients