Atul Greentech Private Limited, electric three-wheeler manufacturer, and Honda
Powerpack Energy Private Limited, the swappable battery service provider, have
signed a Memorandum of Understanding (MoU), through which Valeo will provide
the electric powertrains and powertrain control unit for Atul's electric
three-wheelers to work with Honda’s swappable battery solution.
will provide its 48V integrated compact electric powertrain system along with
the Powertrain Control Unit for Atul's upcoming cargo and passenger
three-wheeler that is to be launched in India soon. In addition, Valeo’s
engineers will provide the technology integration support to help Atul go to
market quickly with Honda’s swappable battery.
a pioneer and world leader in 48V affordable systems, launched in 2020 a fully
integrated compact 48V electric powertrain system in India to aid affordable
electrification for small mobility vehicles–two- and three-wheelers, that are
extensively used for first- and last-mile connectivity in the country.
on the partnership, Jayakumar G, Group President and Managing Director, Valeo
India, said, “This tri-party engagement between Atul Greentech Private Limted,
Honda Powerpack Energy Private Limited and Valeo brings domain expertise
together to accelerate three-wheeler electrification in both passenger and
cargo segments. Valeo's advanced CO2-reducing technologies, strong engineering
and local manufacturing expertise will help strengthen our partnership in the
fast-growing Indian market and other markets.
has the full spectrum of electric powertrain systems, from low to high voltage.
Its technologies power from two- and three-wheel urban vehicles to premium
sedans and SUVs. In India, Valeo produces electric powertrain units at its
manufacturing facility in Pune, Maharashtra.
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