EXEDY Invests in Omega Seiki for Advanced EV Development
EXEDY Co., Ltd., a leading Japanese automotive drivetrain company, has announced a strategic investment in OMEGA SEIKI Pvt. Ltd., an Indian firm renowned for its electric mobility solutions.
This collaboration is set to develop a cutting-edge electric vehicle (EV) incorporating EXEDY’s proprietary electric drive unit technology, which includes an advanced motor and a continuously variable transmission (CVT) system.
The investment in OMEGA SEIKI reflects EXEDY’s intention to capitalize on India’s rapid economic growth, advantageous demographics, and supportive government policies promoting industrial development and infrastructure enhancement. India’s proactive pursuit of electrification aims to address significant challenges such as air pollution and fossil fuel dependence.
This aligns with EXEDY’s mission to contribute to a decarbonized society, making the country an ideal environment for its innovative drivetrain technology.
The partnership between EXEDY and OMEGA SEIKI is expected to accelerate the development of high-efficiency EVs in India, leveraging EXEDY’s technological expertise and OMEGA SEIKI’s market presence. This move is anticipated to set new standards in the electric mobility sector, fostering sustainable transportation solutions.
As part of their industry engagement, EXEDY and OMEGA SEIKI will also participate in the Electricon 2024 event in Delhi on July 12, 2024, which focuses on the EV charging business and infrastructure development. This partnership marks a significant step towards advancing electric vehicle technology and promoting environmental sustainability in India.
About Omega Seiki and Exedy Co.
EXEDY Co., Ltd., headquartered in Osaka, Japan, is globally recognized for its high-performance drivetrain components. The company has a rich history of innovation, producing a wide range of automotive parts, including clutches, torque converters, and other drivetrain components used in both conventional and electric vehicles. EXEDY’s commitment to quality and technological advancement has positioned it as a leader in the automotive industry, catering to major automakers worldwide.
OMEGA SEIKI Pvt. Ltd., based in India, is a dynamic company specializing in the development and manufacturing of electric mobility solutions. Known for its innovative approach, OMEGA SEIKI focuses on creating sustainable and efficient transportation options. The company has gained a reputation for its electric three-wheelers and cargo vehicles, which are designed to meet the growing demand for eco-friendly urban mobility. With a strong emphasis on research and development, OMEGA SEIKI aims to drive the future of electric mobility in India and beyond.
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