Ashok Leyland, Aidrivers partner for autonomous electric terminal trucks

16 Jun 2023 , 12:20 PM

Ashok Leyland has entered into a partnership with AI solutions expert Aidrivers for the production of autonomous electric terminal trucks for the port industry. The company aims to meet the net zero aims of the industry with this partnership.

Both companies will utilize their knowledge and expertise for the creation of sustainable autonomous transportation.

Ashok Leyland announced on Thursday said that it has entered into an agreement with Aidrivers for autonomous electric terminal trucks.

The said pact with the AI-enabled solutions provider will address the net zero emission needs of the port industry, said the company in its media filing. The company expects the first fleet of vehicles to be operational by next year and shall be produced at the manufacturing facility of Ashok Leyland.

Aidrivers and Ashok Leyland are thrilled about their collaboration to develop a specialized autonomous electric terminal truck that is specifically designed to operate autonomously in challenging and rugged port surroundings.

Further, the company’s counter surged up to 6% in today’s trade as the management of the company gave an optimistic assessment of their business outlook during an investor meeting.

At around 12.15 PM, Ashok Leyland was trading 5.78% higher at Rs 166.45, against the previous close of Rs 157.35 on NSE. In today’s trade, the counter hit an intraday high of Rs 167.80.

For feedback and suggestions, write to us at [e-mail]