Greaves Electric Mobility Private Limited to accelerate electric vehicle development with Siemens Xcelerator
The company will harness Siemens’ advanced digital capabilities, including digital twins in product planning, engineering, and development
Greaves Electric Mobility Private Limited (GEMPL), the e-mobility business of Greaves Cotton Limited, and one of India’s leading E2W to E3W mobility players, has adopted the Siemens Xcelerator portfolio of software and services to design, and develop its electric two & three- wheeler vehicles for the Indian market.
Greaves Electric Mobility Private Limited (GEMPL), the e-mobility business of Greaves Cotton Limited, and one of India’s leading E2W to E3W mobility players, has adopted the Siemens Xcelerator portfolio of software and services to design, and develop its electric two & three- wheeler vehicles for the Indian market.
Siemens’ NXTM software for product design and engineering and Teamcenter® software for Product Lifecycle Management (PLM), from the Siemens Xcelerator portfolio, will help Greaves Electric Mobility to develop products faster by streamlining and accelerating the product development process through an integrated set of digital product engineering and collaboration capabilities.
These solutions will enable GEMPL to shorten development time by efficiently utilizing digital twins and connecting people and processes across functions. Specifically, digital capabilities will be enabled in the areas of requirements engineering, program planning, mechanical, electrical, and software design management, bill of material management, process, and change management.
Commenting on the initiative, Sanjay Behl, CEO, and Executive Director, GEMPL said,
“We are proud to collaborate with Siemens and use its highly advanced digital capabilities, cutting-edge technologies, and expertise to accelerate our product development and thereby, market expansion of our electric vehicle product portfolio. India’s EV ecosystem is on the cusp of tremendous growth, with increasing demand from consumers for sustainable and affordable personal mobility Siemens’ toolset will enable us to reduce the time-to-market introduction of electric two-wheelers under Ampere, as well as help to contribute to the country's goal of achieving 80% EVs in two and three-wheelers by 2030 and net zero carbon emissions by 2070”. (Source: NITI Aayog)
said Mathew Thomas, Vice President, and Managing Director – India, Siemens Digital Industries Software.
Greaves Electric Mobility (GEM) is the electric mobility business of Greaves Cotton Limited. GEM has been in the business of EV technology, designing and manufacturing electric vehicles for the past 13 years. With a strong base of over 1.5 lakh customers backed by comprehensive EV ecosystem support from Greaves, Greaves Electric Mobility is pushing boundaries to create an affordable & sustainable ecosystem for uninterrupted clean last-mile mobility solutions in the country. GEM has a strong presence in both electric 2-wheelers and electric 3-wheelers segments. Under electric 2-wheelers, Ampere is the fastest growing e-scooter brand in the country with a strong presence in both B2C and B2B segments while Bestway with ELE brand (e-rickshaw) and MRL Auto with Teja brand (e-autos) are the other two fast growing businesses in the electric 3-wheelers segment.
Greaves Cotton Limited is a diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years and has established itself as a key player impacting a billion lives every day. The Company is a leading name in Fuel Agnostic Powertrain Solutions, E-Mobility, Aftermarket, Retail, Engineering Services & Finance. The Company’s diversification strategy is driven by customer centricity and sustainability. It is one of the few companies that has successfully developed the complete EV ecosystem in India. Greaves is powered by the purpose to touch a billion lives by 2030 and enable them to make sustainable transition to clean mobility.
Greaves Cotton Limited, (CIN – L99999MH1922PLC000987) Unit No. 701, 7th Floor, Tower 3 Equinox Business Park, LBS Marg, Kurla West, Mumbai 400070. +91-022-41711700
Note
“This press release may include statements of future expectations and other forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects upon Greaves Cotton Limited and its subsidiaries/ associates (“Greaves”). These forward-looking statements involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from our expectations include, amongst others: general economic and business conditions in India and overseas, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, changes in the value of the Indian Rupee and other currency changes, changes in the Indian and international interest rates, change in laws and regulations that apply to the related industries, increasing competition in and the conditions of the related industries, changes in political conditions in India and changes in the foreign exchange control regulations in India. Neither Greaves, nor our directors, or any of our subsidiaries/associates assume any obligation to update any particular forward-looking statement contained in this release.”
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