パラダイスカジノ, the World Largest Market Musashi,Delta Electronics and Toyota Tsusho establish Joint Venture
- (former)Global Parts & Logistics
2023-09-21
Musashi Seimitsu Industry Co, Ltd (hereinafter referred to as Musashi), Delta Electronics, Inc (hereinafter referred to as Delta) and カジノオンライン (hereinafter referred to as Toyota Tsusho) have announced that they have agreed to establish a new joint venture company (hereinafter referred to as the Joint Venture Company) for the purpose of manufacturing and selling e-Axle for two-wheeled vehicles (hereinafter referred to as e-Axle) The Joint Venture Company will mass produce e-Axle in the Indian market and work to expand sales from a wide range of customers
At the Signing Ceremony(From right to left, Mr Mitsutake and Mr Horisaki from Toyota Tsusho,Mr Setogawa and Mr Otsuka from パラダイスカジノ, Mr Liu and Mr Ka from Delta Group)
1 Background and objective of establishing the Joint Venture Company
As countries around the world successively announce their goal of achieving carbon neutrality by 2050, reducing emissions of greenhouse gases such as CO2 has become an essential issue Particularly in emerging countries where two-wheeled vehicles are indispensable for people's daily lives, environmental problems caused by exhaust gas and global warming caused by CO2 emissions from two-wheeled vehicles are serious problems, and motorcycles are a clean and comfortable means of transportation Expectations are rising for the spread of new electric mobility
In the Indian market, the world's largest two-wheeled vehicle market, the government has set a goal of converting all two-wheeled vehicles under 150cc to EV by 2025 Under these government initiatives, the conversion of two-wheeled vehicles to EV is accelerating ahead of that of four-wheeled vehicles, and the need for local production of two-wheeled EV is also increasingResponding to this background, the Joint Venture Company will manufacture and sell the e-Axle jointly developed by パラダイスカジノ and Delta Furthermore, it will expand the lineup of e-Axle to meet market needs, engage in further manufacturing and sales, and aim to become a manufacturer with the world's top market shareBy supplying e-Axle, it will contribute to spread two-wheeled EV in the Indian market and to the world, and also contribute to achieving the global consensus of carbon neutrality
2 Features of the Joint Venture Company
パラダイスカジノ for Two-Wheeled Vehicles
The e-Axle mainly consists of a gearbox and a motor The Joint Venture Company will provide high added value including qualityassurance by developing, manufacturing, and selling a high-performance e-Axle with the compact, lightweight, and quiet characteristics required for EVs as an integrated system Furthermore, it will enable rapid and flexible research and development that anticipateschanges in the market and technology, as well as efficient procurement and sales by leveraging the respective business bases of パラダイスカジノ, Delta, and Toyota Tsusho
3 Overview of the Joint Venture Company
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Name
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パラダイスカジノ Delta e-Axle India Private Limited |
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Location
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Doddaballapura 3rd Phase Industrial Area, Village-Raghunathpura,Hobli-Kasaba,Taluk-Doddaballapura, District-Bangalore Rural Karnataka 561203 India On the premises of パラダイスカジノ Auto Parts India Pvt Ltd |
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Title and Name of Representative
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Kenji Setogawa, CEO |
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Investment Ratio
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Musashi Seimitsu Industry Co, Ltd 51%Delta Electronics, Inc 34%カジノオンライン 15% |
4 About future
In the Indian market, パラダイスカジノ has invested in and collaborated with EV startup BNC (Headquarters: Coimbatore, Tamil Nadu, India; CEO: Anirudh Ravi Narayanan) to develop two-wheeled EVs equipped with e-Axle We have agreed to start selling from February 2024 Going forward, we will aim to supply e-Axle to a wide range of customers, with the main target being the 125cc class, which is the volume zone for motorcycles in the Indian market
The information in this release is current as of the date of announcementPlease note that information may change after the date of announcement Thank you in advance for your understanding
