Dana to supply e-Drivetrain components to Switch Mobility

USA / UK / Germany – Dana Incorporated of Ohio, USA, a manufacturer and supplier of drivetrain and e-propulsion systems has signed a strategic agreement with Switch Mobility Ltd, UK, a subsidiary of Ashok Leyland Ltd.

Dana is to invest in Switch Mobility and will also be a preferred supplier of electric drivetrain components for the company’s e-bus and EV commercial vehicle offerings – including e-axles, gearboxes, motors, inverters, software and controls, and electronics cooling.

Dheeraj Hinduja, Chairman of Switch Mobility Ltd, said: “Dana has a long-standing relationship with Ashok Leyland.  This now extends to Switch Mobility and we are happy to have Dana invest in the company.  With this agreement Dana not only becomes an important supplier to Switch but will also invest US$ 18 million (Rs 133 crore) in the company, representing an approximate 1% stake. The investment exemplifies the confidence placed by Dana in Switch and will help to strengthen the relationship further. At Switch Mobility, we have ambitious plans to lead zero carbon mobility globally through positioning innovative products and solutions with best-in-class TCO. I believe the partnership with Dana will accelerate the process, building on our strong relationship of many years.”