Fiem Industries has signed a MoU with Gogoro India to expand its product portfolio in 2-Wheeler Electric Vehicles segment.
This tie-up will enable Fiem Industries to manufacture Hub Motor Assemblies, Electric Control Units (ECU) and Motor Control Units (MCU) for Gogoro.
Fiem Industries supplies Automotive Lighting, Rear View Mirror, Plastic parts and sheet metal parts.
Gogoro will provide the technical know-how and other support in setting-up manufacturing facility as well as production, quality and testing support for above products.
The products will be supplied for selected Gogoro vehicle series to be launched in Indian market.
Gogoro will provide the technical know-how and other support in setting-up manufacturing facility as well as production, quality and testing support for above new product line.
Fiem said the the investment was being worked out and would be met through internal accruals.