US Auto Component Maker Dana Bullish On India EV Market

EV Ultimo Team


US Auto Component Maker Dana Bullish On India EV Market

Dana, which has invested ₹ 133 crore in Switch Mobility will supply e-axles, gearboxes, motors, inverters, software and controls, and electronics cooling. The American major had in July 2021 inked a strategic tie-up and too a 1% stake in Ashok Leyland’s EV subsidiary Switch Mobility. Dana recently opened a dedicated EV drivetrain manufacturing facility in Pune. This facility will supply technologies to manufacturers for a variety of electrified vehicle applications, including buses and trucks. With the addition of electric motors, inverters and vehicle control units to Dana's current capabilities in India, the company is poised to serve as a preferred supplier with in-house capabilities to deliver complete and fully integrated e-Propulsion systems to OEM customers across all mobility markets.

''We are extremely bullish on the high-voltage market. We believe that there is a huge opportunity to tap for Dana, which is why investing in the electrification products and increasing our localisation to as much as 60-70 percent,'' Gajanan Gandhe, country head-India at Dana, told PTI.