Greaves Retail, Tsuyo ink tech transfer pact

The agreement marks a significant milestone in Greaves Cotton’s commitment to advancing its presence in the low-speed electric 3-wheeler (L3) vehicle segment, the company said.

Update: 2024-04-06 05:00 GMT

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NEW DELHI: Greavez Retail on Friday said it has entered into a strategic technology transfer pact with EV parts maker Tsuyo Manufacturing to manufacture components for low-speed three-wheelers.

The collaboration with Tsuyo would include the transfer of technology and know-how related to electric motors, wound motors, and controllers specifically designed for these vehicles.

The agreement marks a significant milestone in Greaves Cotton’s commitment to advancing its presence in the low-speed electric 3-wheeler (L3) vehicle segment, the company said.

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