Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared micro-mobility.
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"Ashok Leyland has embraced future-ready technology to offer digital platforms and services that are ahead of the curve, thereby living by its brand promise of Aapki Jeet, Hamari Jeet," he said in a statement.
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Metal stocks also saw a spurt with Vedanta gaining by 1.4 per cent and JSW Steel by 1.2 per cent. The other prominent gainers were UltraTech Cement, Wipro and UPL.
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The order comes close on the back of orders received from various state transport undertakings, it said without giving the value of the latest contract.
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Being the second vehicle built on the OMEGA (Optimal Modular Efficient Global Advanced) architecture, which is derived from Land Rover’s D8 platform.
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It is a single-seater, which in its virtual form uses the powertrain from the Lamborghini Sián FKP 37.
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The New Alto is India’s first BS6 compliant entry segment car and has a high fuel efficiency of 22.05 km/l.
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Jeeto Plus comes with a class-leading warranty of 3 years or 72,000 km (whichever is earlier).
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