Bharat Forge lays out EV strategy, 2W/3W focus for India

Pune: The city-based defence-to-auto conglomerate Bharat Forge has announced that it will pursue its electric mobility journey with strategic investments and research and development, as well as pursuing different market strategies across territories.
Bharat Forge has largely concentrated most of its EV operations, including manufacture of powertrains, convertors, etc., in its subsidiary Kalyani Powertrains. The company has also qualified under the union government’s product-linked incentive (PLI) scheme, under the advanced automotive technology (AAT) category.
The company has acquired firms in e-mobility technology over the years, as well as the electric two-wheeler manufacturer Tork Motors, including providing white-labelled manufacturing for the latter.