Greaves Cotton Limited, one of India’s leading diversified engineering companies, reaffirms its commitment to building a complete EV ecosystem stack for last-mile passenger and cargo mobility with ‘Made in India’ electric powertrain solutions based on global technology. Greaves has partnered with Eta Green Power advanced electric drive system design firm, to have exclusive rights to their technology in the Indian 2-wheeler and 3-wheeler markets. The Aurangabad plant will produce the e-powertrain suite with a high degree of component localization.
Greaves and Eta Green Power will jointly bring technology pertaining to motors, and motor controllers with integrated battery chargers. This partnership will help deliver superior performance and reliability in a cost-effective manner to speed up the mass market adoption in both electric 2-wheeler and 3-wheeler segments. First, off-the-block will be motor controllers and integration software for electric two and three-wheelers.
Speaking on this partnership, Nagesh Basavanhalli, Executive Vice Chairman, of 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 to strengthen our EV presence in the country with world-class technologies.
On its tie-up with Greaves, David Morgan, CEO, of Eta Green Power Ltd, said, “India is a key market for Eta Green Power, and we are excited to partner with one of the country’s established and fastest growing mobility companies, Greaves Cotton Ltd, to expand operations in India. Eta Green Power will leverage Greaves Cotton Ltd.’s leadership position to provide world-class drive systems to the Indian market.”
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, regulation 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.