Greaves Cotton partners with Tsuyo for low-speed 3-wheeler components
Greaves Cotton Limited enters into a Technology Transfer Agreement with Tsuyo, to manufacture components designed for low-speed 3-wheelers
The partnership aims to strengthen Greaves Cotton’s innovation capabilities and enhance production efficiency in the electric L3 vehicle segment
Greaves Retail, the retail arm of Greaves Cotton, a leader in clean mobility solutions, has partnered with Tsuyo Manufacturing Pvt Ltd, an innovative Indian firm specializing in electric vehicle components. This strategic agreement signifies Greaves Cotton’s dedication to enhancing its position in the low-speed electric 3-wheeler (L3) vehicle segment.
This partnership highlights Greaves Cotton’s commitment to harness Tsuyo’s electric vehicle technology and manufacturing expertise, bolstering its capabilities in the electric L3 vehicle sector. With this collaboration, Greaves Cotton foresees substantial growth prospects within the 3W segment, in line with its mission to promote sustainable mobility solutions.
Mr. Vijay Kumar, CEO of Tsuyo Manufacturing Pvt Ltd, shared his perspective, stating, “We are delighted to partner with Greaves Cotton Limited in advancing the electrification of 3-wheelers. Tsuyo’s dedication to innovation and quality coupled with Greaves Cotton’s market leadership creates a formidable force, to drive positive change in the mobility landscape.”
The collaboration would include the transfer of technology and know-how related to electric motors, wound motors, and controllers specifically designed for low-speed 3-wheeler vehicles.
Mr. Narasimha Jayakumar, CEO of Greaves Retail, said, “Our partnership with Tsuyo showcases Greaves Retail’s dedication to empower lives through sustainable mobility solutions. It reflects our commitment to innovation and our drive to lead towards a brighter future. Together, we are poised to revolutionise the L3 segment, delivering unparalleled solutions that empower individuals and businesses.”
About Greaves Cotton Limited
Greaves Cotton Limited (GCL) is a diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years. The Company is a leading name in Fuel Agnostic Powertrain Solutions, E-Mobility, Aftermarket & Retail. The Company’s diversification strategy is driven by customer-centricity and sustainability. As a part of this diversification strategy, the Company has recently announced the acquisition of Excel Controlinkage Pvt Ltd to unlock new avenues of growth and continue to build expertise in future technologies. GCL is on a mission to redefine the sustainable, cleantech mobility ecosystem through transformative technologies. It is powered by the purpose of touching a billion lives by 2030 and enabling them to make a sustainable transition to green mobility.
For more information, visit www.greavescotton.com
About Tsuyo Manufacturing Pvt Ltd
Established in 2020, Tsuyo Manufacturing Pvt. Ltd. is an Indian company inspired by Japanese principles of strength and durability. Specialising in the design, development, and manufacturing of cutting-edge EV components, Tsuyo offers a comprehensive range of solutions, including Electric Motors, Drives, Converters, Instrument Panel Designs, Gearboxes, Axles, and e-Axle solutions.
For more information, visit www.tsuyo.co.in