DGI partners with EVAge Motors to manufacture world-class electric motor in India
The planned JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers access to the one of the world's most-efficient electric motors at 98.5% efficiency.
- The planned JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers access to the one of the world's most-efficient electric motors at 98.5% efficiency.
- DGI will partner with EVage to manufacture its proprietary Pareta® electric drive system in Punjab, India.
- Peter Bardenfleth-Hansen, DGI CEO, said: “This is a pivotal moment for DGI and we welcome our new partners at EVage.
- Together with DGI, EVage will produce world-class products aligned with PM Modi’s vision of make in India, make for the world.