Bharat Forge’s Plans for E-Mobility – EV Next
This post is a part of EV Next’s EV Perspectives.
EV Next, a division of EAI, is a leading market intelligence & strategic consulting firm for the Indian e-mobility sector.
The Public Indian multinational company founded in 1961, is a technology driven global leader in metal forming having transcontinental presence across eight manufacturing locations, serving several sectors including automotive, power, oil and gas, construction & mining, locomotive, marine and aerospace.
The world’s largest forging company with manufacturing facilities spread across India, Germany and Sweden, Bharat Forge manufactures a wide range of high performance, critical and safety components for the automotive and non-automotive sector.
It is India’s largest manufacturer and exporter of automotive components and leading chassis component manufacturer in the world. BFL’s customer base includes virtually every global automotive OEM and Tier 1 supplier.
- Electric Powertrain Solutions
- Modular design concept
- Motor Design & development
- Motor testing
- Battery Management System Design and Development
- Inverter Design & development
- Systems & subsystems
- Parts of Powertrain
- Bharat Forge announced an investment of upto Rs 30 Crores for eventual stake of 45% in an EV startup, with one of the most renowned e-bike manufacturers in India, Tork Motorcycles, India’s first, premium electric motorcycle company, having seasoned Business & Technical expertise in developing 2 wheeler power-trains since 2009.
- Bharat Forge Ltd. has opened a Research & Development facility in the UK, in MIRA Technology Park, the UK’s leading automotive technology park and Enterprise Zone, in January 2018 where it will be developing components & subsystems focused on Electric Vehicles. This facility will complement the capabilities & knowledge established over the past two years in Kalyani Centre for Technology & Innovation (KCTI) & Kalyani Centre for Manufacturing Innovation (KCMI) in Pune focused on delivering solutions for Electric Vehicles to capture the market of e-vehicles like that of e-truck manufacturers in India.
- The company also made an investment of £10m in UK based Electric commercial vehicle company Tevva Motors to build scalable & modular commercial electric vehicles in June 2018. As part of this investment, Bharat Forge has also acquired exclusive design, technology & sales license for commercialization of Tevva technology for Indian market.
The company has specialized in-house R&D centres called MIRA, Overseas State-of-the-Art Electric power-train and vehicle engineering centre and KCTI, Power Electronics Lab.
- The company is the world’s largest forging company with manufacturing facilities spread across India, Germany, Sweden, France and North America.
- Bharat Forge, in June 2019 announced an investment of 11.35 million Euro (Rs 88.9 crore) into a new 50-50 joint venture with Germany’s Refu Electronik GmbH. The new entity will make components for electric and hybrid vehicles.
Read EV Next posts on the India electric vehicle strategy for these companies: ABB | ACME | Altigreen Propulsion | Amara Raja | Ashok Leyland | Ather Energy | Audi | Bajaj | BASF | Black & Veatch | BMW | Bosch | Continental AG | Denso | Exide | Exicom | Ford | Fortum | General Motors | Great Wall Motors| Greaves | Hella | Hero Electric | Honda | Hyundai | JBM | Kia | Kinetic Green | LG | Mahindra Electric | MG Motors | Nissan | Ola | Olectra | Panasonic | Piaggio | Porsche | Renault | Samsung SDI | Schneider Electric | Sun Mobility | Tata Autocomp | Tata Motors | Tata Power | Toyota | TVS Motors | Uber | UL | Volvo |
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Categories: E-mobility, Electric Vehicles, EV Components Strategy, Indian E-mobility Strategy
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