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Entuple: Production for hub motors is expected to commence from next month, while mid-drive motors from December as the joint venture's Traction Motor plant gets commissioned, the statement said.
Entuple Aditya Auto EV Motor: Aditya Auto is a specialised automotive supplier of mechatronic systems, motors and precision components with 12 plants across India and a strategic supply chain partner to leading passenger and commercial vehicle OEMs in India and abroad.
Entuple E-Mobility and Aditya Auto have partnered to establish manufacturing facilities in Bangalore to produce electric traction hubs and mid-drive motors. The joint venture will be funded through equity contributions, and the facility will have a manufacturing capacity of 2,70,000 units per annum of hub motors and 2,25,000 units per annum of mid-drive motors. Production is expected to begin next month for hub motors and in December for mid-drive motors.
Entuple E-Mobility will deploy the capital to strengthen its R&D capabilities.
Following the acquisition, EV startup Revolt Motors will be a wholly-owned subsidiary of RattanIndia Enterprises