• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, April 5, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Companies

Pinnacle Industries forays into EV components business

by Economy India
March 22, 2022
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

New Delhi: In a big push towards making electric vehicles more viable in India, Pinnacle Industries, India’s leading manufacturer of automotive interiors, seating systems & speciality vehicles, has introduced a range of precision electric vehicle components for 2 & 3-wheelers. With unique expertise in the design, development, assembly, and manufacturing facilities in Pithampur and Pune for components for electric mobility applications.

Pinnacle Industries aims to become an exclusive destination for end-to-end electric vehicle component requirements and solutions.

As an industry-leading automotive component and special application vehicles manufacturer with a global reputation, Pinnacle Industries with its unique capabilities shall produce and market precision electric vehicle components including, sheet metal and tubular pipe components, body parts, seat, and battery packs for 2W/3W, certified by ISO/TS 16949, ISO 14001, OHSAS 18001, for major brands worldwide.

Leveraging its expertise and capability in producing automotive interiors & seating systems for commercial vehicles, and with supply to almost all leading commercial vehicle brands manufacturing in India, Pinnacle Industries now also aims to lead the design, development, and supply of EV components globally.

ADVERTISEMENT

Pinnacle’s expertise in both design and manufacturing allows it to optimize modular solutions from a technical, commercial and production aspect, reducing the risk of multi-iteration design and enabling shortened development times.

Speaking on the latest development, Bharat Pritmani, Head of Sales & Business Development, Pinnacle Industries Limited, highlighted, “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. We are also grateful for the Government of India’s encouragement towards local manufacturing of components and battery assemblies, that will help the growth of the ecosystem. We are also completely in line with India’s goal to achieve 80% of EV adoption in two and three-wheelers by the year 2030, and we believe given our design, manufacturing, engineering & supply chain capabilities, we are positioned well to make it a success.”

Pinnacle Industries has 5 well equipped, strategically located, state of the art manufacturing plants and an industry-leading battery pack assembly set-up. The company’s capabilities range from design, reverse engineering, tool design and development, production and ramp-up.

Pinnacle Industries is poised to be a valuable destination for outsourced component manufacturing and battery assembly for electric vehicles while leveraging its engineering, design, technology, manufacturing, and robust supply chain.

Pinnacle Industries has recently also launched EKA, an automotive & technology company, to bring sustainable, profitable & efficient electric commercial vehicles & solutions to accelerate the mass adaptation of EVs.

EKA is a subsidiary of Pinnacle Industries and is also one of the approved applicants of the Government of India’s Auto PLI scheme.

(Economy India)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Economy IndiaPinnacle Industries
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

HDFC Securities - Powerful Voices in Finance Awards 2026
CSR

HDFC Securities Announces Powerful Voices in Finance Awards 2026

March 21, 2026
ब्रिटानिया इंडस्ट्रीज को ₹6.37 करोड़ का GST डिमांड नोटिस
Companies

ब्रिटानिया इंडस्ट्रीज को ₹6.37 करोड़ का GST डिमांड नोटिस

March 3, 2026
Bharat Taxi: How India’s First Co-operative Ride-Hailing Platform Could Reshape the Gig Economy
Smart Device Brand

Bharat Taxi: How India’s First Co-operative Ride-Hailing Platform Could Reshape the Gig Economy

February 6, 2026
Apollo Tyres Profit Rises 40% to ₹471 Crore in Q3 on Strong Sales Growth
Companies

Apollo Tyres Profit Rises 40% to ₹471 Crore in Q3 on Strong Sales Growth

February 4, 2026
SAIL, RITES Sign MoU for Diesel Locomotive Leasing and Maintenance
Companies

SAIL, RITES Sign MoU for Diesel Locomotive Leasing and Maintenance

February 2, 2026
Sun Pharma Q3 Net Profit Rises 16% to ₹3,369 Crore on Broad-Based Growth
Companies

Sun Pharma Q3 Net Profit Rises 16% to ₹3,369 Crore on Broad-Based Growth

February 1, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

ACC Ltd launches ‘ACC Airium’, a revolutionary climate control concrete insulation system in India

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Trump’s Flip-Flops on Iran War Leave Americans Confused

India’s Banking Crossroads: Branch Expansion vs Digital Dominance in a Hybrid Financial Future

Trump May End Iran Conflict Without Reopening Strait of Hormuz: Report

Himachal Pradesh Budget FY27: A Deep State Economy Analysis of Fiscal Pressures, Limited Capex, and Growth Challenges

India vs China at the WTO: A Geopolitical Analysis of the Investment Pact Divide

ED Restores ₹15,000 Crore Worth Assets in PACL Scam Case to Facilitate Investor Refunds

Mamata Banerjee Accuses BJP of Creating Social Divisions, Questions Political ‘Chargesheet’

WTO Reform at a Crossroads: India’s Pushback Against ‘Weaponised Transparency’ and the Future of Global Trade Governance

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved