Musashi Announces Additional Investment for BNC Motors

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Musashi Seimitsu Industry Co., Ltd. (Global Headquarters: Toyohashi-city, Aichi, Japan; President and CEO: Hiroshi Otsuka, “Musashi”) has made an additional strategic investment in BNC Motors Pvt. Ltd. (FKA: Booma Innovative Transport Solutions Private Limited. Headquarters: A-9, SIDCO Industrial Estate, Coimbatore, Tamil Nadu- 641021, India; CEO: Anirudh Ravi Narayanan, “BNC”). Musashi and BNC are collaborating to promote the adoption of E-mobility in India.

In addition to Musashi and BNC strengthening the collaboration of the E-Axle unit for electric two wheelers, both companies have agreed to expand collaboration projects including exploring development of 3 wheeler vehicles, Battery Management System (BMS), and software and data applications. Also, both companies have agreed to collaborate regarding the export of the vehicles to areas outside of India.
Musashi and BNC are aiming to contribute to the society by reducing the use of greenhouse gases by reducing ICE vehicles on the roads.

【About BNC】
BNC is an EV company based out of Coimbatore, India. Its goal is to reduce vehicular pollution by helping the world transition to sustainable energy vehicles. Every vehicle built is leveraging cutting edge technology and engineering to deliver superior products at great value to the customers. BNC believes that in order for EVs to achieve mass-scale adoption, the vehicles need to be better not just for the environment, but also for your wallet, while retaining or exceeding the convenience, performance and peace-of-mind offered by petrol vehicles.
BNC Website: https://www.bnc.energy/

【About Musashi】
Musashi Seimitsu Industry Co., Ltd. is a global auto parts Tier1 company for automobiles and motorcycles, whose headquarters is located in Toyohashi, Japan. It has 35 manufacturing sites spreading across Europe, North and South America, China, and South East Asia. Musashi specializes in designing, developing and manufacturing products such as Differential Assemblies, Transmission Gears and Assemblies, and Linkage and Suspension (L&S) products especially for the future automobiles including electric and autonomous vehicles. Musashi is also generating and expanding new businesses through open innovation with global startups to contribute to the SDGs in wider business domains. Musashi AI, a leading-edge AI technology subsidiary to lead Industry 4.0, is one of the examples.
Musashi Website: https://www.musashi.co.jp/en/