OEMs, industry bodies in India form consortium to promote EV industry – report
Aims to localise development of components such as motor, motor controller, charger, DC-DC converter, battery
OEMs such as Maruti Suzuki, Mahindra & Mahindra, Ford India, Mahindra Reva and Tata Motors, along with industry bodies including Society of Indian Automobile Manufactures (SIAM) and Automotive Research Association of India (ARAI), have formed a consortium, code-named xEV One, to develop supplier base for critical hybrid and electric vehicle (EV) components, reports Autocar Professional.
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