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Switch Mobility to close UK bus factory due to economic challenges and slow EV adoption.
Ashok Leyland's UK subsidiary, Switch Mobility, plans to shut down its Sherburn facility due to economic challenges and slow EV adoption in the UK bus sector.
Despite the closure, the company will fulfill existing orders and provide aftermarket services from its other UK sites.
Future UK and European demand will be met from manufacturing sites in India and the UAE.
The Indian subsidiary aims to achieve EBITDA breakeven by 2025 and triple its e-bus orders in the coming fiscal year.
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Cambiar Mobility para cerrar la fábrica de autobuses del Reino Unido debido a los desafíos económicos y la lenta adopción de EV.