Valeo signs MoU with Atul Greentech, Honda Powerpack

Valeo has signed a tri-partite MoU with electric three wheeler manufacturer Atul Greentech and swappable battery service provider, Honda Powerpack Energy for the supply of electric powertrains and powertrain control unit for Atul Greentech’s electric three-wheelers to work with Honda’s swappable battery solution. 

Valeo, which makes low to high voltage electric powertrain systems, will provide its 48V integrated compact electric powertrain system along with the Powertrain Control Unit for the three-wheeler’s upcoming cargo and passenger vehicles slated to be launched soon. The company said that their engineers will provide the technology integration support to help the e-three wheelers go to market quickly.

Jayakumar G, Group President and Managing Director, Valeo India, said, “This tri-party engagement between Atul Greentech, Honda Powerpack Energy and Valeo brings domain expertise together to accelerate three-wheeler electrification in both passenger and cargo segments. Valeo’s advanced Co2-reducing technologies, strong engineering and local manufacturing expertise will help strengthen our partnership in the fast-growing Indian market and other markets."

Also read
Motherson, Valeo to partner interior lighting solutions
Renault, Valeo and Valeo Siemens join forces for new electric motor in France