Global Tier 1 component manufacturer Varroc Engineering has entered into a cooperation agreement with Delta-Q Technologies Corp of Canada. Varroc will manufacture Delta-Q’s chargers in India to support the expansion of the electric two- and three-wheeler market.
Delta-Q is a leader in the design and supply of high-reliability on-board chargers for original equipment manufacturers in a variety of industrial and consumer markets in the US, Europe, and Asia.
Commenting on the tie-up, Arjun Jain, whole-time director and President - Electrical Business Unit at Varroc, said: “After the implementation of BS VI, the transition to EVs is the most significant opportunity in the automotive electronics industry. With this partnership with Delta-Q, we aim to enhance our electric vehicle component portfolio. Our combined capabilities will create business synergies and strengthen our foothold to achieve our aspiration of becoming the leading EV component supplier in the country.”
“This contract manufacturing agreement with Varroc is a first for Delta-Q in India,” said Sarah MacKinnon, Co-CEO and CFO at Delta-Q. “Varroc has the capability and resources to support Delta-Q’s manufacturing processes. We are excited to work with them to expand our business into India and support the rapid transition to electric vehicles within our OEM customers.”