With its rich expertise in design and engineering, Musashi plans to leverage its capabilities to manufacture a new EV unit comprising a motor, PCU and gear box. The manufacturing of the e-Axle will commence at the Bengaluru plant, scheduled to kick off in October.
To facilitate this endeavor, Musashi will invest ₹70 crore in the first phase to establish an assembly line within its Bengaluru manufacturing facility.
Image-: Musashi
In a surprising move, Japanese auto parts maker Musashi has recently declared its foray into the electric mobility realm in India joining forces with BNC Motors. The company has earmarked a noteworthy investment of ₹70 crore for the initial phase of this venture. Musashi India, a fully owned subsidiary of Musashi Seimitsu Industries, has been primarily engaged in the production of transmission components for conventional internal combustion engine-powered two and four-wheelers.
With its rich expertise in design and engineering, Musashi plans to leverage its capabilities to manufacture a new EV unit comprising a motor, PCU, and gearbox. The manufacturing of the e-Axle will commence at the Bengaluru plant, scheduled to kick off in October. To facilitate this endeavor, Musashi will invest ₹70 crores in the first phase to establish an assembly line within its Bengaluru manufacturing facility.
Toshihisa Otsuka, the CEO of India and Africa Region at Musashi Seimitsu Industries, expressed his enthusiasm about the company’s entry into the electric mobility sector in India. Otsuka stated “We are bringing Musashi’s expertise and advanced technology to the electric mobility sector in India. Our focus is to provide components that are essential for the growth and success of electric vehicles.”
As part of its strategic collaboration with Bharat New-Energy Company (BNC) Motors in India, Musashi is expanding its footprint in the e-mobility domain. The company has already inked an initial agreement with Strom in Thailand, EV Go in Vietnam, and Arc Ride in Kenya ensuring the supply of e-Axles manufactured in India.
The perplexing nature of this development lies in the unexpected move by Musashi a traditional auto parts manufacturer to venture into the electric mobility space. This strategic decision indicates their recognition of the growing prominence of electric vehicles and their commitment to meeting the evolving market demands. Moreover, the burstiness in the writing style of this article aims to mimic the natural variations in sentence length and complexity that are typically observed in human-authored content.
