The joint venture will allow DG Innovate to enter the strategic Asian market and significantly accelerate the commercialization of its proprietary Parrot electric drive system.
“Asia is an important market for the EV industry, and India will particularly benefit from a leading manufacturing platform that will allow us to deploy our products at top speed and competitive cost,” DG Innovate CEO Piet Bardenfleth-Hansen said in a statement. Will allow to do." Will let you do it. Will let you do it.
DG Innovate will partner with EVage to manufacture its Pareta electric drive systems in Punjab as part of the agreement.
Additionally, the company said that together, the companies will target the Asian e-market, where more efficient electric trucks will be introduced, resulting in longer life and lower cost of ownership for fleet owners with an average range of 5-5,000 vehicles. Will happen. There should be an increase of 7 percent. Same allegation.
It said the joint venture will be 60 per cent owned by DG Innovate and the balance (40 per cent) by Eves, with both parties investing in the project to show confidence in the Indian market.
Inderveer Singh, Founder and CEO, eWedge, said, “Together with DG Innovate, eWedge will create world-class products in line with Prime Minister Modi's vision of Make in India, Make for the World.”
“Asia is an important market for the EV industry, and India will particularly benefit from a leading manufacturing platform that will allow us to deploy our products at top speed and competitive cost,” DG Innovate CEO Piet Bardenfleth-Hansen said in a statement. Will allow to do." Will let you do it. Will let you do it.
DG Innovate will partner with EVage to manufacture its Pareta electric drive systems in Punjab as part of the agreement.
Additionally, the company said that together, the companies will target the Asian e-market, where more efficient electric trucks will be introduced, resulting in longer life and lower cost of ownership for fleet owners with an average range of 5-5,000 vehicles. Will happen. There should be an increase of 7 percent. Same allegation.
It said the joint venture will be 60 per cent owned by DG Innovate and the balance (40 per cent) by Eves, with both parties investing in the project to show confidence in the Indian market.
Inderveer Singh, Founder and CEO, eWedge, said, “Together with DG Innovate, eWedge will create world-class products in line with Prime Minister Modi's vision of Make in India, Make for the World.”
