• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Saturday, November 14, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • 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.

19th India CSR Leadership Summit 2026
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)

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

RPG Life Sciences Q2 Profit Falls to ₹28.22 Crore; Revenue Rises to ₹211.6 Crore
Companies

RPG Life Sciences Q2 Profit Falls to ₹28.22 Crore; Revenue Rises to ₹211.6 Crore

October 31, 2026
FSSAI Issues Notices to Nestlé India, Zydus Wellness Over ‘Misleading’ Product Claims
Products

FSSAI Issues Notices to Nestlé India, Zydus Wellness Over ‘Misleading’ Product Claims

October 22, 2026
Hyundai Motor India Expects 30% Sales to Come from Rural Markets in 3-4 Years: MD & CEO
Automotive

Hyundai Motor India Expects 30% Sales to Come from Rural Markets in 3-4 Years: MD & CEO

September 6, 2026
Premiumisation Drives Growth for India’s Liquor Companies
Business

Premiumisation Drives Growth for Liquor Companies Despite Cost Pressures

August 9, 2026
HSBC India Reports 3.65% Rise in H1 2026 Profit to USD 965 Million, Expands Workforce by Nearly 2,000
Companies

HSBC India Reports 3.65% Rise in H1 2026 Profit to USD 965 Million, Expands Workforce by Nearly 2,000

August 4, 2026
Kansai Nerolac Paints Q1 Profit Rises 6% to ₹228.41 Crore on Strong Demand and Higher Prices
Companies

Kansai Nerolac Paints Q1 Profit Rises 6% to ₹228.41 Crore on Strong Demand and Higher Prices

August 3, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

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

ESG Professional Network
ADVERTISEMENT

LATEST NEWS

PM Modi Says Energy Security Measures Helped India Navigate Middle East War Crisis

Assam Train Derailment: Six Coaches and Engine of Sairang-Kolkata Express Derail Near Guwahati; Several Feared Injured

Bharat Mobility Global Expo 2027 to Host 1,750 Exhibitors from Over 50 Countries

Two-Member US Team Visits India for Trade, Customs Facilitation Talks as BTA Negotiations Continue

RBI Extends Supersession of Abhyudaya Co-operative Bank Board for Another Year

SBI Deepens Partnership with IFC, Secures $150 Million Social Loan to Empower 8.64 Lakh Rural Women

Auto Sector Sees Strong Dhanteras Deliveries; Automakers Expect Festive Momentum to Continue Till Diwali

CBI Files FIR Against Kishore Biyani, Future Retail in Alleged ₹904.32 Crore Bank Fraud; Mumbai Searches Conducted

  • 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
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved