Tier-I supplier of automotive and electric components, Lucas TVS has started its series production of hub motors and controllers at their Puducherry plant. Production at the facility was to commence by early 2022 but got delayed mainly due to Covid and related issues around the supply chain which meant delays in the procure of equipment from different manufacturers. There were also some vendor-related challenges with regards to the quality given the company's stringent expectations.
Currently, the plant has three assemble lines for the electric motors and employs up to 100 people for this in particular. "Going forward, we are looking to have multiple lines and are looking to expand the footprint in EV," said Babu K S V, Business Head - eMobility, Automotive Motors, and Cooling Solutions at Lucas TVS.
"So far, around Rs 30 crore have been invested over the last one and a half years. We have also won the advanced automotive supplier's PLI scheme where we have committed to invest Rs 250 crore predominantly for the proruction of traction motors and controllers," the business head explained.
Plans to scale up
At present, the plant is making around 3000 sets per month in hub motors and they are planning to scale it up to 10,000 to 15,000 units in the coming quarter. "Definitely, each of the products will run into a couple of million in the next five to six years. And, the current order book size is around 150,000 units for the hub motors. This is an open order from the customers," Babu added.
この記事は Autocar Professional の 15th July 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Autocar Professional の 15th July 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.
