Pinnacle Industries forays into EV components business

The Indian automotive interior manufacturer, Pinnacle Industries, on Tuesday announced its entry into the e2W and e3W component manufacturing.

As per the company’s communication, these components will include sheet metal and tubular pipe components, body parts, seat, and battery packs, certified by ISO/TS 16949, ISO 14001, OHSAS 18001, for major brands worldwide.

Additionally, leveraging its expertise and capability in producing automotive interiors & seating systems for commercial vehicles, the company also aims to lead the design, development, and supply of EV components globally.

Bharat Pritmani, Head, Sales & Business Development, Pinnacle Industries, said, “The EV ecosystem is building up fast with many 2W and 3W manufacturers coming up in different parts of the country besides major OEM’s making huge expansions in this segment. India is the largest 2W and 3W market globally and we foresee significant growth of EV penetration in this sector.”

Pinnacle Industries has recently also launched EKA, an automotive & Technology Company,
aiming to produce efficient electric commercial vehicles. The subsidiary is claimed to be one of
the approved applicants of the government of India’s Auto PLI scheme.

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