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Policy push and new technologies to drive electrical vehicles sales in India

Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more

Musashi starts mass production of EV two wheeler e-axles in India

Musashi has set-up capacity to produce 10,000 e-axles per month in phase 1. Read more

Musashi India, Delta Electronics, Toyota Tsusho enter into JV for 2W EV drive units

Under this JV, Musashi and Delta will jointly develop the EV drive unit and Toyota Tsusho will handle the distribution through its global logistics network.Read more

Modern Automotive provides special steel engineering solutions to OEMs

Modern Automotives since its inception in 2005 has gradually seen a growth process with its added solutions in the global market. In the growing electric vehicle market, the company recently set its name to export Differential Pinion Shafts to BMW. Aditya Goyal, Managing Director, Modern Automotives Limited, in this interview shares that the company aims to increase export operations to 25 per cent by 2025Read more

Japan’s Musashi Seimitsu to invest Rs 700 mn in India to make EV components

The company will manufacture 2W E-Axle comprising of motor, PCU, and Gear Box at its Bengaluru plant starting October 2023. It has signed MoU with Bharat New-Energy Company (BNC) to develop drivetrain technology.Read more

KeraCel and Musashi Seimitsu to jointly develop 3D printed auto batteries

The advanced battery technology specialist KeraCel and Japanese auto parts maker Musashi Seimitsu Industry Co Ltd have formed a strategic partnership to bring safe, 3D printed, solid state batteries to the marketRead more

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