Exedy to invest in OMEGA SEIKI | To develop EVs with Exedy’s proprietary drivetrain tech

EXEDY Co., Ltd., a Japan-based automotive drivetrain company, has announced its investment in OMEGA SEIKI Pvt. Ltd., an Indian company specializing in electric mobility solutions. The two companies will cooperate in developing an electric vehicle equipped with a high-efficiency electric drive unit that uses Exedy’s proprietary technology and consists of a motor and CVT transmission system.

A company statement said EXEDY’s decision to invest in OMEGA SEIKI is influenced by India’s rapid economic growth, demographic advantages, and governmental initiatives promoting industrial development and infrastructure. The country actively pursues electrification to address challenges like air pollution and fossil fuel dependency, aligning with EXEDY’s aim to contribute to a decarbonized society.

Participate in EV Charging Business Conclave | Electricon 2024 in Delhi on July 12, 2024.

Also read: Omega Seiki Mobility leads e-3W L5 cargo sales in March 2024