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Private Sector | Not Classified - india | PID: 196553

Ramkrishna Forgings, a supplier of rolled, forged and machined products, has signed a memorandum of understanding (MoU) with a US-based technology partner for development of electric vehicle powertrain components for the Indian EV market

The technology partner is a leading expert in magnetic engineering innovations

The company expects the EV adoption pace to be faster in 2W/3W as compared to passenger vehicles and it has aligned EV strategy with this hypothesis

This association sees a significant potential to accelerate the electrification of the Indian automotive market

| Updated on: 08 - Oct - 2021

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