Greaves Retail, the retail arm of Greaves Cotton, one of the leading providers of clean mobility and energy solutions, has formed a strategic partnership with Tsuyo Manufacturing, an EV component manufacturer in India. This collaboration aims to bolster Greaves Cotton’s presence in the electric three-wheeler segment, focusing on low-speed electric vehicles.
Narasimha Jayakumar, CEO, of Greaves Retail said,
“Our partnership with Tsuyo showcases Greaves Retail’s dedication to empowering 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 revolutionize the L3 segment, delivering unparalleled solutions that empower individuals and businesses.”
Vijay Kumar, CEO, of Tsuyo Manufacturing said,
“We are delighted to partner with Greaves Cotton Limited in advancing the electrification of three-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.”
Advancing Electric Vehicle Technology
Through the agreement, Greaves Cotton intends to leverage Tsuyo’s expertise in electric vehicle technology and manufacturing machinery. The partnership signifies Greaves Cotton’s commitment to enhancing its capabilities in the electric L3 vehicle domain, aligning with its goal of promoting sustainable mobility solutions.
Opportunities for Growth
The collaboration presents significant growth opportunities for Greaves Cotton within the three-wheeler segment. By harnessing Tsuyo’s technological advancements, Greaves Retail aims to strengthen its position in the market and meet the evolving demands of customers seeking eco-friendly transportation solutions.
Technology Transfer
As part of the agreement, Tsuyo will facilitate the transfer of technology and know-how related to electric motors, wound motors, and controllers tailored for low-speed three-wheeler vehicles. This exchange of expertise underscores Greaves Cotton’s commitment to innovation and driving progress in the electric mobility landscape.
