Greaves Retail, the retail unit of Greaves Cotton Limited (Greaves Cotton) has entered into a strategic technology transfer and supply agreement with Tsuyo Manufacturing Private Limited (Tsuyo). The agreement marks a significant milestone in Greaves Cotton's commitment to advancing its presence in the low-speed electric 3-wheeler (L3) vehicle segment. This collaboration underscores Greaves Cotton's endeavour to leverage Tsuyo's expertise in electric vehicle technology and manufacturing machinery to enhance its capabilities in the electric L3 vehicle domain.

Through this partnership, Greaves Cotton anticipates significant growth opportunities within the 3W segment, aligning with its vision to drive sustainable mobility solutions. The collaboration would include the transfer of technology and know-how related to electric motors, wound motors, and controllers specifically designed for low-speed 3-wheeler vehicles.