CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

Switch Mobility Turns Net Profitable in FY26 | Interaction with CEO Ganesh Mani

EV Reporter logo

Published on

Add as a preferred source on Google
Switch Mobility Turns Net Profitable in FY26 | Interaction with CEO Ganesh Mani

The post Switch Mobility Turns Net Profitable in FY26 | Interaction with CEO Ganesh Mani appeared first at EVreporter on EVreporter.

Ganesh Mani, CEO of Switch Mobility, discusses the levers behind achieving profitability, including a focus on scaling the right product portfolio across electric buses and light commercial vehicles, localisation levels of 60-70%, and vehicle uptime of around 98%.

Switch Mobility India achieved net profitability in FY25-26. What have been the biggest levers in getting here?

Achieving net profitability in FY26 is an important milestone and reflects the progress we have made in building a sustainable electric mobility business. One of the biggest levers has been our focus on scaling the right product portfolio across electric buses and light commercial vehicles, backed by disciplined execution across manufacturing, sourcing and operations.

We have steadily improved localisation to 60-70%, strengthened manufacturing efficiencies and optimised costs across the value chain. And, we continue to invest in technology and product development. At the same time, our focus on delivering around 98% vehicle uptime, supported by our connected mobility platform, has enabled us to build strong customer confidence and generate repeat business. Going forward, we remain focused on profitable growth by expanding our product portfolio, increasing localisation and continuing to improve operational efficiencies.

Could you provide a snapshot of Switch Mobility’s production capacity for buses and LCVs in Tamil Nadu, as well as the target for the upcoming facility in UP?

We have a total production capaci ty of 5,000 buses and e-LCVs across our plants .


Source link
Related Topics:Web3 & Blockchain

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.