Padmini VNA Mechatronics, a leading manufacturing company of mechatronic components for the automobile industry, has signed an agreement with Vitesco Technologies, a leading international developer and manufacturer of powertrain technologies for sustainable mobility, to create a joint venture – PV Clean Mobility Technologies. The JV will develop, market, and distribute Hybrid & EV Products and Thermal Management Systems in India and globally
Commenting on the new joint venture, Mr. Kabir Bhandari, Managing Director, Padmini VNA Mechatronics said, “In addition to addressing BS-VI driven growth opportunities in India, both organizations have a mutual tradition of innovating and manufacturing best in class products focused with a mission of accelerating the future of clean mobility, as part of our responsibility to society.”As businesses around the world put an increased amount of effort to drive sustainability and eco-friendliness, the automotive industry, which is one of the key pillars of the global economic framework, is accelerating innovation and adoption of clean mobility solutions for a greener tomorrow. While it has been a highly debatable subject so far, electric mobility does seem to be the pinnacle of a zero-tailpipe-emissions transportation world, with the journey to implement advanced technologies
Mr. Prakash Bhalekar, CEO, Padmini VNA Mechatronics added: “Creating this JV in midst of a pandemic and in the midst of the transformation to BS6, stretched teams on both sides very hard. It took exceptional commitment, discipline and creativity to put everything together in the set timeline and in adherence to all the internal and external requirements at both companies. We hope that these attributes are reflected in the way we serve our customers and in how we blend the best of both partners into a successful partnership.”
PV Clean Mobility wholeheartedly promises to rise as a leading developer in the automotive market and is future-ready for the upcoming projects. Through these projects, it seeks to provide the best customer experience with its ground-breaking research & development, high-quality assembly, and new test methods.
