2 days ago
JK Fenner to manufacture e-axles for electric three-wheelers in partnership with Korea's NMC Motors
JK Fenner
India has entered the
electric vehicle drivetrain
segment through a technology partnership with Korean firm
NMC Motors
. The agreement was signed at an event in Chennai and marks JK Fenner's entry into
e-axle manufacturing
.
Under the agreement, JK Fenner will produce e-axles for
electric three-wheelers
and small commercial vehicles (SCVs). There are plans to expand the product range to include e-axles for electric four-wheelers in the future. A dedicated manufacturing facility for three-wheeler e-axles will be established, with technical support provided by NMC Motors.
Strategic move into EV sector
JK Fenner, which currently supplies transmission, fluid transfer, and sealing systems for automotive applications, sees the partnership as a way to increase its role in the electric mobility sector.
According to the company, 'JK Fenner already supplies transmission and sealing systems for electric vehicles, and this collaboration marks an important step towards expanding our role in the EV sector, both in India and globally.'
The company also confirmed its interest in contributing to India's broader electric mobility goals and aims to leverage the collaboration to strengthen its product offerings for the evolving market.
