Sterling Gtake E-mobility bags Rs 60 cr order from electric two-wheeler maker
Sterling Gtake E-mobility Ltd (SGEM), a manufacturer of motor control units for electric vehicles, on Wednesday said it has bagged an order worth Rs 60 crore from a leading electric two-wheeler maker. The company said it is also in advanced stages of discussions with over 20 electric vehicle (EV) manufacturers for supply of motor control units (MCUs) for different vehicle types, including two-wheelers, three-wheelers, passenger vehicles and commercial vehicles.
The order worth Rs 60 crore is for high-speed electric two-wheeler application, the company said in a statement, without disclosing the identity of the electric two-wheeler maker.
SGEM is a part of the Sterling Tools Group, a manufacturer of cold forged high-tensile fasteners with presence of over four decades in Indian Auto sector.
