Greaves Retail and Tsuyo Manufacturing have partnered to manufacture electric motor components for low-speed three-wheelers, aiming to revolutionize the L3 segment.
Photograph: Anushree Fadnavis/Reuters
Mumbai, Apr 5 (PTI) Greavez Retail on Friday said it has entered into a strategic technology transfer pact with EV parts maker Tsuyo Manufacturing to manufacture components for low-speed three-wheelers.
The collaboration with Tsuyo would include the transfer of technology and know-how related to electric motors, wound motors, and controllers specifically designed for these vehicles.
The agreement marks a significant milestone in Greaves Cotton's commitment to advancing its presence in the low-speed electric 3-wheeler (L3) vehicle segment, the company said.
Greaves Retail CEO Narasimha Jayakumar said, "Together, we are poised to revolutionise the L3 segment, delivering unparalleled solutions that empower individuals and businesses.
Rediff.com » Market News » Greaves Retail Partners with Tsuyo for EV Parts Manufacturing
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