India - Electric power axle and motor controller
This is a business opportunity from an overseas buyer. Pitch for the business and explain how your company meets their requirements.
Details
- Opportunity closing date
- 01 October 2024
- Opportunity publication date
- 05 June 2024
- Opportunity type
-
Private Sector
- Industry
- Automotive, Advanced engineering
- Enquiries received
- 2
- Value of contract
- more than £50m
- Your guide to exporting
Description
This large Indian conglomerate is looking for technology collaboration or a licencing agreement for developing electric power axle, motor battery controllers and gearboxes for their new EV subsidiary. This is focusing on the electric commercial vehicles with 2 to 55 Tonnes capacity and ranging from 15KW to 250KW.
This company wants to speak only to the manufacturers / technology centres / R&D institutions. It will not engage with any third-party consultants or agents.
India is the world's third-largest automobile market producing a total 25 million vehicles including:
- passenger vehicles
- commercial vehicles
- 3-wheelers
- 2-wheelers
- quadricycles
The Indian automotive industry is expected to reach £250 billion by 2026. The commercial vehicle market is targeted to reach £50.43 billion by 2029 as per the government (IBEF).
- Opportunity closing date
- 01 October 2024
- Value of contract
- more than £50m
- The buyer is happy to talk to
- manufacturers
Express your interest
Express your interest to the Department for Business and Trade team in India.
All submissions will be reviewed and you will be notified of any potential next steps. You can only express your interest if you are a UK registered company.
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