Mumbai, Nov 4 (PTI) Technology-driven EV startup Weber Drivetrain on Friday announced the launch of its manufacturing facility in Chakan (Pune) at an investment of Rs 35 crore.
The facility will produce a wide range of products in 0.25 kW-4 kW capacity for multiple segments, such as electric bicycles, scooters and motorcycles, the company said in a statement.
Weber Drivetrain said it is expecting to launch product offerings and solutions by next month.
Co-founded by Prashant Shete and Sachin Jain, the company is in the business of design, development, testing, validation and manufacturing of electric motors and controllers for electric vehicles.
Through a combination of in-house and collaborative R&D, Weber Drivetrain has committed a total investment of 35 crore in Phase 1 for the establishment of a manufacturing unit under the Make-in-India initiative, it said.
"As minimising barriers to electric vehicle adoption is critical to meeting India's ambitious greenhouse gas reduction goals, Weber Drivetrain is poised to offer a widespread, realistic solution to mass EV adoption in the country," Weber Drivetrain founder and MD Shete said. PTI IAS BAL BAL