Left Menu
Development News Edition

Tata AutoComp Systems forms JV with Prestolite Electric

PTI | New Delhi | Updated: 24-01-2020 17:56 IST | Created: 24-01-2020 17:56 IST
Tata AutoComp Systems forms JV with Prestolite Electric

Tata AutoComp Systems on Friday said it has formed a joint venture with Prestolite Electric, part of China's Ocean Motor Group, to design, engineer, manufacture and supply powertrain solutions for Indian electric vehicle (EV) market. The joint venture (JV) will have access to technologies for various powertrain products like motors, controllers as well as integrated drivetrain (integrated motor, inverter and transmission), Tata AutoComp said in a statement.

"Through this JV, we will serve all segments of the EV industry from 2 & 3 wheelers, passenger vehicles, commercial vehicles and buses," Tata AutoComp Systems Ltd Managing Director and CEO Arvind Goel said. He further said Prestolite Electric Beijing and Shanghai E-Drive have the latest technology and are amongst the top players in powertrain products for EVs.

Ocean Motor Group China Chairman Charles Lu said, "Through Tata AutoComp, we wish to serve the emerging Electric Vehicle market in India and are committed to support the JVC with latest technologies." PTI RKL AKT RVK



New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Farkhad Akhmedov: Calculating the price of impunity from the law

In insistences such as the battle over the Luna, Akhmedov has resorted to extreme legal machinations to subvert the High Courts decision and keep his assets from being seized. ...

Guinea’s elections hearken back to the autocracy and violence of its past

... ...


Latest News

CM Gehlot writes to PM demanding national project status for East Rajasthan Canal Project

Chief Minister Ashok Gehlot has written to Prime Minister Narendra Modi on Monday demanding the states ambitious East Rajasthan Canal Project ERCP be declared a national project. According to an official statement, the project will ensure ...

US to get 9th justice with Dems powerless to block Barrett

A divided Senate is set to confirm Amy Coney Barrett to the Supreme Court, giving the country a ninth justice on Monday as Republicans overpower Democratic opposition to secure President Donald Trumps nominee the week before Election Day. D...

2016 rail accident: Report says 'not possible' to establish cause without NIA ruling out sabotage

Five years after a train accident in UP claimed 152 lives, a railway safety probe agency said it is not possible to call the mishap a sabotage till the NIA investigation is complete, even as it listed sudden mechanical failure, severe corro...

Can't 'entertain' the idea of Trump winning, makes me 'sick to my stomach': Hillary Clinton

US former Secretary of State Hillary Clinton says she cannot entertain the idea of President Donald Trump winning the 2020 election and it makes her sick to my stomach to think there could be four more years of abuse and destruction of Amer...

Give Feedback