Pinnacle Industries will show its latest EV components range at the EVs: Transforming Mobility Summit & Expo on 23-24 March 2022
Pinnacle Industries, one of India’s leading producer of automotive components and speciality vehicles, has forayed into electric vehicle components business for 2 & 3-wheeled EVs. The company will use its production facilities in Pithampur and Pune for the manufacturing of the components for electric mobility applications.
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Pinnacle Industries will manufacture and market precision electric vehicle components such as tubular pipe, sheet metal, seats and battery packs for 2W/3W. These components will be certified by ISO/TS 16949, ISO 14001 and OHSAS 18001. The manufacturer even aims to play a vital role in the design, development and supply of critical electric vehicle components in the global space.
Speaking on the latest development, Mr. Bharat Pritmani, Head of Sales & Business Development, Pinnacle Industries Limited, highlighted, “The EV ecosystem is building up fast with many 2W and 3W manufacturers coming up in different parts of the country besides major OEM’s making huge expansions in this segment. India is the largest 2W and 3W market globally and we foresee significant growth of EV penetration in this sector. We are also grateful for the Government of India’s encouragement towards local manufacturing of components and battery assemblies, that will help the growth of the ecosystem. We are also completely in line with India’s goal to achieve 80% of EV adoption in two and three-wheelers by the year 2030, and we believe given our design, manufacturing, engineering & supply chain capabilities, we are positioned well to make it a success.”
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Pinnacle Industries enjoys a network of 5 well-equipped, strategically located, state-of-the-art manufacturing facilities along with a battery pack assembly set-up. The company is equipped to undertake projects in the fields of design, reverse engineering, tool design and development, production and ramp-up. In the coming time, the producer aims to become a destination for outsourced component manufacturing and battery assembly for EVs through leveraging its engineering, design, technology, manufacturing, and robust supply chain. Pinnacle Industries recently launched EKA, an automotive & technology company, that works on providing sustainable, profitable & efficient electric CVs & solutions to lead to a quicker adaptation of EVs. This subsidiary is among the approved applicants of the Government of India’s Auto PLI scheme.