Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint
venture agreement with Tacita, an Italian manufacturer of electric performance
and cruiser motorcycles. The new company, born from the joint venture, will be
based in India and will begin production in India from 2023.
It may be recalled
that Okinawa was recently in the news for all wrong reasons as a couple of its
electric two wheelers caught fire as a result of faulty batteries. In one of
the incidents a man and his child died after inhaling toxic fumes from the
burning electric scooter. Subsequently the company recalled more than 3000
electric scooters for checking the batteries.
The main purpose of the new joint venture is
to pursue, for both companies, the goal of lowering the use of fossil fuels, as
well as establishing themselves in the future as a top player in the world of
electric two-wheelers. Specifically, Okinawa will provide the local development
of the future product and its production line as the result of years of
manufacturing and selling of electric 2 wheelers.
will provide the powertrain – controller, motor, battery packs and BMS, the
result of over 10 years of research & development and testing in extreme
conditions which makes them excel in making state-of-the-art high-performance
This Joint venture will consist of two product
lines: scooters and motorcycles. Both lines will cater to domestic as well as
international markets. The year 2023 range will include a scooter and a
high-end performance motorcycle. The
entire range will be equipped with the best connectivity systems on the market
having Okinawa technology.
next steps of the newborn company will be during 2022 going up to the first
half of 2023 for the design, development, patenting and finally the tests on
the road. The design will be developed in Italy at the Tacita headquarters with
Okinawa professional technicians and Italian team for the development of the powertrain,
battery packs and BMS.
tests will be carried out both in India and Italy in all weather conditions.
Part of the tests will include an inaugural voyage from Okinawa headquarters in
India to the Tacita headquarters in Italy.
Sharma, MD & Founder, Okinawa Autotech, commented, “Tacita’s mission is
aligned with ours towards creating a sustainable future. We envisage the
collaboration to create a synergy effect that will accelerate our commitment to
electric mobility. There is a steady and conscious shift in consumer
preferences and we have witnessed a growing demand for premium and performance
electric motorcycles in India. Tacita will help us in creating a marketplace
that matches the demand for futuristic technology and products. Their advanced
& futuristic technology will also further broaden and strengthen our
existing product range.”
Speaking on the partnership, Pierpaolo Rigo,
Managing Director, Tacita, mentioned, “We are delighted to partner with a
leading e-scooter manufacturer in India. The leadership team of Okinawa
Autotech has a rich on-ground experience and knowledge about the market,
competition, and customer behaviour. We are happy to provide our expertise in
the premium EV bike segment to launch a top-end line of bikes. Our team along
with Okinawa engineers is dedicated to R&D to introduce unique product
propositions that define the future.”
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