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Switch Mobility to Invest 1000 crore Rupees

Published on May 10, 2022
Current Context: The EV Arm of Ashok Leyland, will invest 1000 crore rupees as a part of the electric vehicle investment.
Switch Mobility to Invest 1000 crore Rupees
  • In a push for the Government of India's FAME 2.0 that seeks to make India an electric vehicle destination, many private players have come forward to make investments.
  • The electric vehicle unit would be set up on the outskirts of Chennai in Tamilnadu.
  • Electric vehicles come with the advantage of no pollution and an exponentially low carbon footprint.

Question:

Q.1 Which company will invest 1000 crore rupees in the Electric vehicle segment in Tamilnadu?
a. Tesla
b. Tata Motors
c. Switch Mobility
d. Swiss Mobility
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