Tsuyo Signs LoI with Karnataka Govt For Setting Up Manufacturing Plant
Electric mobility manufacturer Tsuyo Manufacturing announced the signing of a Letter of Intent (LoI) with the government of Karnataka for setting up a state-of-the-art manufacturing plant along with a large testing track for commercial vehicles. The LoI was formalized in the presence of Mr Lalit Baid, Director of Tsuyo manufacturing, Karnataka’s Minister for IT & Biotechnology Mr Priyank Kharge and other officials.
The new plant will support manufacturing capacities ranging from 0.5 kW to 250 kW, with an extended capability up to 600 kW through Tsuyo’s strategic partnerships with India’s Central Electrical Testing Laboratory (CETL) and China’s Suzhon LvKON Transmission Tech.
The proposed manufacturing plant will develop and produce electric motors, E-drives, E-axels and automatic transmissions, integrated 2-in-1 and 3-in-1 powertrain solutions, as well a complete powertrain assemblies for heavy commercial electric vehicles (EVs). It will also have a dedicated testing track for testing and validating buses, trucks, mining vehicles, and other heavy-duty EVs.
Tsuyo Manufacturing’s founder and CEO Mr Vijay Kumar spoke on the development, saying, “This LOI marks a pivotal moment for Tsuyo and for the future of India’s EV ecosystem. Karnataka has always been at the forefront of innovation and advanced manufacturing, and we are proud to partner with the state to establish a facility that will redefine powertrain excellence for heavy commercial electric vehicles. With this investment, we aim to deliver world-class, reliable, and locally manufactured powertrain solutions that will power India’s transition to sustainable mobility.”
Karnataka’s Minister of IT & Biotechnology Mr Kharge said, “We are delighted that Tsuyo Manufacturing has decided to expand its Operations in Dharwad, Karnataka. Their decision reinforces our commitment to building a strong, local economy through LEAP (Local Economy Accelerator Program). This project will help building a sustainable ecosystem in the state and will attract more EV companies to come to our state – which is known for its Industry friendly policies and a dynamic EV ecosystem. This investment will not only create high-quality jobs in North Karnataka but also accelerate innovation and green mobility solutions for Karnataka and beyond.”
