E-mobility Makes a Silent Revolution

We have established significant competencies in the clean and zero emission transport solutions through strategic investments and a dedicated internal R&D team having expertise in diverse areas. FY 2022 has been a breakthrough as we manifested our expertise through launch of key products and consolidating operations to strengthen our position as a manufacturing destination for global players.

FY 2022: A Year of Positive Outcomes

Received maiden
order

For supply of DC-DC Convertors from an Indian OEM

Launch of flagship electric motorbike by Tork Motors

Launched KRATOS and KRATOS-R electric motorbikes which have received strong market reception. 2,000 orders for these bikes were received

Progressing to be a Leading Global Manufacturing Destination

Consolidating E-mobility Competencies

We have established significant competencies in E-mobility: through our dedicated R&D team which has expertise in relevant hardware, software and integration for electric 2/3 Wheelers, commercial vehicles for goods and passenger transport, Passenger cars and off-road equipment; and through strategic investments in Tevva Motors, UK and Tork Motors, India and establishing a global 50:50 JV, REFU Drive GmbH with Prettl Group, Germany. In FY 2022, we consolidated all electric mobility product streams into a single entity – Kalyani Powertrain Limited (KPTL) – which is a wholly-owned subsidiary of Bharat Forge. This will bring more synergies in working of all units and help strengthening efforts in this domain with a unified approach. KPTL also established a Technology Center in USA to understand and address the needs of overseas customers.

Localization Strategy

KPTL is working on skill development and ensuring deep localization at its dedicated plants in India for E-mobility products. The focus is on providing domestic value contribution of high performance, reliable and robust products at competitive price to the customers through local manufacturing. Further, BFL together with KPTL have been included in the Government’s PLI scheme for Automotive Advanced Technology (AAT) Components.

With this, KPTL is positioned to deliver the unique advantage of enhanced development capabilities, better customer experience and low-cost engineering, agile development and domestic value addition through local manufacturing in India.