Musashi India begins mass production of e-Axles for EV two-wheelers
Musashi Auto Parts India, a subsidiary of Musashi Seimitsu Industries, has started mass production of e-Axles for electric two-wheelers in India with a Rs 160 crore investment in EV business.
The company entered the EV segment in India in September last year through a joint venture (JV) with Delta Electronics, Inc. and Toyota Tsusho Corporation to establish Musashi Delta e-Axle India Private Limited.
The company further said it has established a capacity to produce 10,000 e-Axles per month in phase 1, with plans to ramp up production with additional lines from the third year onwards.
"With the rapid growth of EV two-wheelers in India, the need to build a local and robust ecosystem of EV components is imperative," said Naoya Nishimura (CEO India & Africa Region).
Musashi said it plans to achieve a localisation level of two-thirds of the total cost by the end of this financial year, with a motor assembly line and a drive unit assembly line.
It is also working with BNC Motors to develop products equipped with EV drive units. These units will be used in BNC's upcoming EV two-wheeler that will be equivalent to a 125cc ICE scooter.
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