Ashok Leyland Nissan Vehicles Limited

Company limited by shares (2)

Ashok Leyland Nissan Vehicles Limited Description

Ashok Leyland Nissan Vehicles Limited was established in the year 2008. The company has its headquarters in Chennai. The company manufactures light commercial vehicles. Nissan agreed to sell to Ashok Leyland all of their shares in three joint venture companies. These joint ventures focus on the development of technology and manufacturing of powertrains and vehicles. The joint ventures are wholly owned by Ashok Leyland subsidiaries. The new phase of the business interaction has already begin. They will continue to build Dost and Partner light commercial vehicles which are based on Nissan's designs, engineering and technology. Servicing and availability of parts would be taken care by a technical support arrangement. Also the two companies have made a deal to procure made-in-India parts to Nissan. The companies have invested substantially in manufacturing, research & development and the sales network of the country. They are planning on becoming a major player in the Indian Market. Indian commercial vehicle customers will continue to benefit from Nissan's engineering, with servicing and parts availability under the licensing agreement with Ashok Leyland. The three joint ventures that were formed are: Ashok Leyland Nissan Vehicles Ltd which is a vehicle joint venture, Nissan Ashok Leyland Technologies Ltd which is a technology partnership and Nissan Ashok Leyland Powertrain Ltd which is a power train alliance. The companies have invested around Rs 1,000 crore in equity in all these ventures.

Ashok Leyland Nissan Vehicles Limited Overview

INDIA HO
Chennai
CIN
U34102TN2008PLC067839
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
EMAIL
secretarial@ashokleyland.com
FOUNDED
22 May,2008
PAID-UP CAPITAL
8,026,459,000
AUTHORISED CAPITAL
8,300,000,000
N/A Related OEMs
N/A No. of plants

Ashok Leyland Nissan Vehicles Limited in News

01 Aug 2021

Nissan reports domestic sales of 4,259 units for July

"Nissan has achieved its highest sales in the past three years, we have increased the production of Magnite with the plants third shift operations and are able to serve the pending bookings earlier," Nissan Motor India Managing Director Rakesh Srivastava said in a statement.

29 Jul 2021

EDF and Nissan launch new commercial V2G service for EV fleets

The V2G technology developed by DREEV, which is a joint venture between EDF and Nuvve, the global leader in V2G technology, allows for two-way energy flow; both recharging an EV’s battery when electricity is at its cheapest, and discharging excess energy to sell back into the grid, EDF said.

21 Jul 2021

Hyderabad: Luxury car seized in smuggling racket

The Directorate of Revenue Intelligence (Mumbai wing) seized a Nissan Patrol SUV worth around Rs 1 crore from Malakpet in connection with a luxury car smuggling racket using diplomatic privileges to evade customs duty. The vehicle was registered in Manipur in the name of a realtor from Malakpet.

21 Jul 2021

Cafe norms, high fuel prices drive efficiency in Motown

While Maruti, with upto 33% mileage improvement in the last 10 years, is clearly ahead of the game and continues to dominate the top 10 most fuel efficient models list (see table), others like Tata Motors and Nissan are trying out a combination of new technology and alternative fuel solutions to tap into this opportunity.

19 Jul 2021

Japan court jails US duo over Ghosn escape

The sentences are the first to be handed down in Japan in the Nissan saga, which began with former auto tycoon Ghosn's shock arrest in 2018 on financial misconduct allegations.

15 Jul 2021

Plans drafted for another UK battery gigafactory

The city's council is submitting blueprints for a 5.7 million square feet (1.7 million square metre) electric car battery plant in partnership with Coventry Airport, where it would be built.

02 Jul 2021

Envision: China's renewable energy giant

Envision was founded in 2007 after its founder Zhang Lei returned to China from the UK. Zhang, a former energy analyst, aims to build "infrastructure for a net zero world," according to a company report.

02 Jul 2021

Japan prosecutors seek nearly 3 years jail for Ghosn escape accomplices

The prosecutors told a Tokyo court they are seeking a sentence of two years, 10 months for former special forces operative Michael Taylor, and two years, six months for his son Peter. "Michael Taylor played a leading role. His responsibility is extremely grave," one of the prosecutors said, calling Ghosn's "unprecedented" December 2019 escape a "sophisticated and bold crime".

30 Jun 2021

Asia's longest high speed test track opens in Pithampur

Asia’s longest and the world’s fifth high speed test track was inaugurated on Tuesday at National Automotive Test Tracks (NATRAX) in Pithampur. The 11.3 km facility is likely to attract global players for automotive testing and reduce dependence of Indian OEMs on foreign testing tracks.

Directors of Ashok Leyland Nissan Vehicles Limited

Name DIN Email Designation Date of joining
Mohana Srinivasan Unlock to View Unlock to View Director 29 Mar,2017
Duraiswamy Subramaniam Ramadorai Unlock to View Unlock to View Director 29 Mar,2017
Gopal Mahadevan Unlock to View Unlock to View Director 13 Sep,2013

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