New Delhi: Sarwant Singh, former managing partner at consulting firm Frost & Sullivan, has joined as Ashok Leyland-owned Switch Mobility UK’s president and chief planning officer, and CEO of the mobility service company of the Group, Ohm Global Mobility Pvt Limited, source close to the development informed ETAuto.
He took over his new role on Tuesday and will be based in London.
Last year, the country’s second-largest commercial vehicle manufacturer Ashok Leyland acquired majority-stake Optare Group and renamed it as Switch Mobility as part of its drive towards electrification and new mobility services.
Ohm Global Mobility is a Group arm that will operate as a mobility service company. Sarwant who was heading Asia, Middle East and South Africa for Frost Sullivan till April 30, 2021, brings along vast experience of over two decades working mainly in the automotive and mobility space.
Sarwant is an MBA from the University of Leads and a B Tech in electrical engineering from Saurashtra University.
Switch aims to build on the success of Optare in the UK, where it is a leading player in electric buses with more than 150 of them operating in its home market. Among others, Optare has delivered 30 electric double-decker buses to Metroline in London. The company is currently carrying out orders for operators including Tower Transit, London, and First York. This will create a foundation for the expansion of Switch’s operations in Europe and growth in India and other parts of the world.
The company’s strategy also reflects the clear growth opportunities in the global light commercial vehicle (LCV) and bus electric vehicle market, which is projected to grow at a compounded annual growth rate (CAGR) of more than 25% and to be worth in the region of USD 50 billion by 2030.
“To capture part of that market, we are considering EV initiatives through Switch that could include financial participation and strategic tie-ups,” Dheeraj Hinduja, chairman, Ashok Leyland, had said recently.