New Delhi: Greaves Cotton Limited has collaborated with Eta Green Power Ltd., an advanced electric drive system design company based in the UK, to have exclusive rights to its technology in the Indian 2 and 3-wheelers market. The e-powertrain suite will be manufactured at the Aurangabad plant with a high degree of component localization, the company said.
Greaves and Eta Green Power will jointly bring technology pertaining to motors and motor controllers with integrated battery chargers for electric 2 and 3-wheelers. This partnership will help deliver superior performance and reliability in a cost-effective manner to speed up mass market adoption in both the electric 2 and 3-wheeler segments. The first of the block will be motor controllers and integration software for electric two- and three-wheelers, the company said in a media release.
Nagesh Basavanhalli, Executive Vice Chairman, Greaves Cotton Limited, said, “Greaves Electric Mobility is facilitating the transition from traditional vehicles towards a more sustainable EV ecosystem. In order to support and fast-track this transition, our partnership with Eta Green Power Ltd., a globally reputed player, will play a key role in strengthening our EV presence in the country with world-class technologies.”
David Morgan, CEO, Eta Green Power Ltd., said, “India is a key market for Eta Green Power, and we are excited to partner the established and fastest growing e-mobility company, Greaves Cotton Ltd., to expand operations in India. Eta Green Power will leverage Greaves Cotton’s leadership position to provide world-class drive systems to the Indian market.”
Arup Basu, MD, Greaves Cotton Limited, said, “Greaves Cotton has been “making in India” for 163-plus + years, and today’s announcement represents a natural progression towards designing and engineering electric powertrain technologies that will shape the future of mobility in India. We are undertaking initiatives to strengthen our capabilities and roll out motor controllers. Our e-powertrains and components will be built to perform efficiently, with safety and reliability as key features. It is exciting to be in this space with our EV technology stack.”
With technology as a key differentiator, the e-powertrain suite will sport a high degree of “Make in India” components and will be characterized by cutting-edge design, engineering, materials chemistry, weight, and aesthetics that will be customized to the needs of different OEM customers. It will use software to reduce variability for better safety, regulatory conformity, design, and value proposition. Each product will continue to represent the company’s “Make in India” commitment, with a high level of localization and components obtained domestically, the release said.
Also Read:
“FAME (Faster Adoption and Manufacturing of (Hybrid & Electric Vehicles in India-II) subsidies have played a critical role in encouraging consumers to adopt EVs. It is essential that the subsidy allocation to OEMs (original equipment manufacturers) continues, till the market reaches an EV penetration of 8-10 per cent,” said Sanjay Behl, CEO and Executive Director of Greaves Electric Mobility Private Limited (GEMPL).