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Greaves Cotton announces technology partnership with US-based Pinnacle Engines

Wednesday, Jun 14, 2017

As part of its strategy to establish itself as a leading “fuel agnostic powertrain solutions & services company”, Indian engineering company Greaves Cotton has announced a technology partnership with Pinnacle Engines, a Silicon Valley based technology company, for the launch of a BS VI- compliant engine for 3-wheelers in India.

The move will also make India one of the first few markets to adopt the technology.

Greaves, which is currently the market leader in the 3 wheeler diesel engine space will be able to leverage the partnership to enter the larger 3-wheeler petrol/CNG space, with a powerful customer value proposition as well as to access export markets with a large 3-wheeler volume.

“Greaves has been a dominant player in the last mile transport segment with our range of diesel engines for a large number of Automotive OEMs. The opposed piston technology has been designed, developed and evolved by the Pinnacle Engines team to give class leading fuel economy at the right cost, enabling best-in-class total cost of ownership for the end customer. With this introduction, we will be able to offer an extremely competitive engine in the Petrol-CNG segment of the market,” Nagesh Basavanhalli, Greaves Cotton MD said in a release.

Pinnacle Engines, which also has a subsidiary in Pune, is a mobility technologies business specializing in the production of engine architectures to enable OEMs to meet the present and future emission norms at a competitive cost.

“We value the opportunity to partner with an established market leader like Greaves, and expect that our combined strengths will provide great advantage to the market. OEMs face great pressures on fuel economy, and ever-tightening emissions norms, and our cooperation provides a great answer to these challenges,” David Moll, chief executive, Pinnacle Engines said.

The agreement was signed in California in the United States.

 

Source:auto.economictimes.indiatimes.com

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