Tata AutoComp, Prestolite Electric Beijing ink JV for electric powertrain supply solutions
The JV will design, engineer, manufacture and supply powertrain solutions for EVs in India.
Tata AutoComp Systems, has signed a joint venture (JV) with China's Prestolite Electric Beijing to design, engineer, manufacture and supply powertrain solutions for the electric vehicle industry in India.
Prestolite Electric is owned by the Broad Ocean Motor Group, China which also owns Shanghai E-Drive Solutions. The new company will have access to technologies for various powertrain products including motors, controllers as well as integrated drivetrain (integrated motor, inverter and transmission).
Tata AutoComp offering for the EV segment now include motors, controllers, integrated drivetrain (integrated motor, inverter and reducer), battery pack, BMS, battery thermal management system, batter cooling plates, inverter cooling modules, chillers, e- compressors, radiators as well as EV chargers required to charge the EVs.
Arvind Goel, MD and CEO, Tata AutoComp Systems said: “Tata AutoComp has always been on the forefront in introducing new technologies in India. We are pleased to partner with the Broad Ocean Motor Group through Prestolite Electric Beijing and Shanghai E-Drive as they have the latest technology and are amongst the top players in powertrain products for electric vehicles. Through this JV, we will serve all segments of the EV industry from 2- and 3-wheelers, passenger vehicles, commercial vehicles and buses.”
Charles Lu, chairman, Broad Ocean Motor Group said: “We are glad to partner with Tata AutoComp Systems, a leading auto-component conglomerate in India. Through Tata AutoComp, we wish to serve the emerging electric vehicle market in India and are committed to support the JVC with latest technologies.”
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