Mumbai, June 19 -- The collaboration comes amid India's accelerating EV adoption, with overall sales rising 25-30% year-on-year in 2024, including a 28% surge in electric two- and three-wheeler volumes.
Under the partnership, the two companies will co-develop high-voltage inverters for traction and auxiliary systems, scalable battery management systems (BMS), bi-directional onboard chargers, and advanced thermal management solutions. These systems will target India's growing 2W, 3W, passenger vehicle (PV), and commercial vehicle (CV) segments, with future scope extending to electric vertical take-off and landing (eVTOL) vehicles, energy storage, and off-highway applications.
The partnership aims to accelerate the deployment of cost-optimi...