Musashi Seimitsu Industry Co., Ltd. (Global Headquarters: Toyohashi-city, Aichi, Japan; President and CEO: Hiroshi Otsuka, “Musashi”) has made a strategic investment in Booma Innovative Transport Solutions Private Limited (Headquarters: A-9, SIDCO Industrial Estate, Coimbatore, Tamil Nadu- 641021, India; CEO: Anirudh Ravi Narayanan, “Booma”). Musashi and Booma are collaborating to promote the adoption of E-mobility in India.
Musashi and Booma have partnered to promote the EV field in India, focusing on 2W in the beginning. Both companies are selected under the Production Linked Incentive Scheme for Automobile and Auto Components, and are committed to contribute towards Aatmanirbhar Bharat objective of the Indian Government by establishing local Electric Vehicle manufacturing and supply chain capabilities. While Musashi is focused on electric power train components - including motor with reduction gears, control units, and advanced battery technologies, Booma is focused on vehicle development and distribution.
The investment is in-line with Musashi’s aim to contribute to the realization of a sustainable global community, where people and environment are in harmony, and Musashi’s strategy towards carbon neutrality.
【About Booma】
Booma 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. Booma 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.
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 Web Site: https://www.musashi.co.jp/en/
Booma 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. Booma 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.
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 Web Site: https://www.musashi.co.jp/en/