Backed by Ratan Tata, Electra EV, the electric vehicle powertrain solutions company, is enhancing its engineering and technology teams to venture into new growth areas. After hiring a Chief Quality Officer three months ago, the company is now set to appoint its first Chief Technology Officer.
Electra EV in Pune is getting ready for more electric cars. They’re adding more smart and tech experts to build better electric vehicles. It’s all because more people are using electric cars now. The company, backed by Ratan Tata, has appointed Chandrakant Awate, a seasoned Tata Motors veteran, as its first Chief Technology Officer (CTO).
Key Responsibilities of Electra EV’s New CTO
In his role, Chandrakant Awate will spearhead all engineering and technology development activities at Electra EV. With a 30-year tenure at Tata Motors, Awate brings extensive experience, particularly in the passenger vehicle business. His primary mandate is to diversify Electra EV’s portfolio by developing solutions for multiple EV segments and applications.
Expansion into New EV Segments on the Horizon
Sources reveal that Electra EV, with Ratan Tata’s backing, is eyeing entry into new EV segments as a powertrain supplier. The off-highway segment is considered a potential target for the company’s expansion. This move aligns with the company’s strategy to tap into various market segments amid the electric mobility megatrend.
Recent Key Hires Reflect Electra EV’s Growth Strategy
Chandrakant Awate’s appointment follows the recent hiring of Chetan Chawla as Chief Quality Officer, emphasizing Electra EV’s commitment to strengthening its leadership team. Chawla, with over 35 years of industry experience, joined Electra EV to oversee quality control.
Electra EV’s Current Role as a Supplier to Tata Motors
Currently, Electra EV is a major OEM (Original Equipment Manufacturer) supplier to Tata Motors, providing powertrains for commercial production. Electra EV’s powertrains power Tata Motors’ Xpres-T, a passenger EV for commercial fleet operations, and the Tata Ace EV.
Production Details and Capacity of Electra EV’s Sole Base
All of Electra EV’s solutions are manufactured at its sole production base in Coimbatore, boasting an annual production capacity of 30,000 units. The plant plays a crucial role in supporting Electra EV’s growth and fulfilling its commitments to OEM partners.
Investment and Funding for Electra EV’s Expansion
As part of its business expansion, Electra EV secured USD 25 million from GEF Capital, facilitating its growth and technological advancements in the EV sector.
Electra EV’s Vision for a Greener Future
With a six-year legacy in the industry, Electra EV is poised to contribute to a sustainable and greener future by playing a pivotal role in the evolution of electric mobility.
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