Pinnacle Industries forays into EV component business

Pinnacle Industries has introduced a range of precision electric vehicle components for two- & three-wheelers and aims to become a key point for end-to-end electric vehicle component requirements and solutions. It targets manufacturing electric vehicle components including, sheet metal and tubular pipe components, body parts, seat and battery packs for two-/three-wheelers, certified by ISO/TS 16949, ISO 14001, OHSAS 18001, for major brands worldwide.

Pinnacle Industries now also aims to lead the design, development, and supply of EV components globally. Speaking on the latest development, Bharat Pritmani, head of sales & business development, Pinnacle Industries highlighted, “The EV ecosystem is building up fast with many two- and three-wheelers manufacturers coming up in different parts of the country besides major OEMs making huge expansions in this segment. India is the largest 2W and 3W market globally and we foresee significant growth of EV penetration in this sector.”

Pinnacle Industries said it has five well equipped, strategically located,  manufacturing plants and an industry-leading battery pack assembly set-up. Pinnacle Industries has recently also launched EKA, an automotive & technology company, to bring sustainable, electric commercial vehicles and solutions to boost the use of EVs.