- Valeo will supply the electric powertrains and powertrain control unit for Atul’s electric three-wheelers to work with Honda’s swappable battery system
- Valeo offers the whole range of electric powertrain solutions
- Atul’s upcoming cargo and passenger three-wheeler will be unveiled in India soon
- Valeo’s experts will provide the technical integration support to help Atul go to market swiftly using Honda’s swappable battery
Valeo and Atul Auto has joined hands for seeking synergies in electrification of three wheelers
In accordance with a Memorandum of Understanding (MoU) that was signed by Valeo, Atul Greentech Private Limited, the producer of electric three-wheelers, and Honda Powerpack Energy Private Limited, the supplier of swappable batteries, Valeo will supply the electric powertrains and powertrain control unit for Atul’s electric three-wheelers to work with Honda’s swappable battery system.
From low to high voltage, Valeo offers the whole range of electric powertrain solutions. Its technologies drive anything from luxury automobiles and SUVs to two- and three-wheel urban vehicles. At its manufacturing location in Pune, Maharashtra, Valeo produces electric powertrain units in India.
For Atul’s upcoming cargo and passenger three-wheeler, which will be unveiled in India soon, Valeo will supply its 48V integrated compact electric powertrain system as well as the Powertrain Control Unit. In addition, Valeo’s experts will provide the technical integration support to help Atul go to market swiftly using Honda’s swappable battery.
Valeo is present in India since 1997, Valeo has created a very significant foothold in the country over the previous 20 years. Eight production sites, a global R&D facility, five distribution platforms, and a front office for serving Valeo customers in India. Nearly half of the 6,000+ individuals Valeo employs in India are engineers.
In terms of 48V cost-effective systems, Valeo is a pioneer and global leader. In India, it was introduced in 2020. Small mobility vehicles, such as two- and three-wheelers are frequently utilised for first- and last-mile connectivity in the country and can be electrified with the help of a fully integrated compact 48V electric powertrain system.
Mr. Jayakumar G, Group President and Managing Director of Valeo India, commented on the collaboration. He said that tri-party engagement between Atul Greentech Private Limited, Honda Powerpack Energy Private Limited, and Valeo brings domain expertise together to accelerate three-wheeler electrification in both the passenger and cargo segments. He emphasized that relationship will be strengthened by Valeo’s cutting-edge CO2-reducing technologies, solid engineering, and local manufacturing know-how in areas like the quickly expanding Indian market.
With a presence in 21 states with 200 primary and 130 secondary networks, Atul Auto is one of the 3 wheeler companies in India with the quickest growth. The company’s dealership, sales, service, and spare parts network comprises over 600 touch locations across the globe.
Some of the top players in the industry are Mahindra Electric, Piaggio, Euler Motors, and Atul Auto. With a record-breaking 45 percent share of global EV sales in fiscal 2022, India’s three-wheeler EV industry is one of the sectors with the greatest potential for electric mobility. Many EV manufacturing companies are already vying to dominate the Indian three-wheeler market.
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