Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a producer of two-wheeler and four-wheeler transmission parts in India, has introduced its foray into the e-mobility space by means of a collaboration with Bharat New-Energy Company (BNC) Motors in India.
The firm has already signed a MoU with Strom in Thailand, EV Go in Vietnam, and Arc Ride in Kenya, and can provide them e-axle manufactured in India. The firm stated it will get into manufacture of motor, PCU, and equipment field.
E-axle will likely be manufactured on the Bengaluru plant beginning October 2023. The firm stated it will make investments ₹70 crore in phase-1 to arrange an meeting line for the product on the Bengaluru unit.
Toshihisa Otsuka, CEO India & Africa Region stated, “Our focus is to provide components that are essential for the growth and success of electric vehicles. We are confident that our commitment to quality and innovation will contribute significantly to the sustainable development of the Indian automotive industry.” “With its new venture into electric mobility, Musashi India aims to be at the forefront of the electric revolution in India and become a trusted partner for automakers, driving the transition towards a cleaner and more sustainable transportation ecosystem,” Mr. Otsuka added.
