E2w maker Okinawa Autotech on Wednesday announced the inauguration of its first R&D centre in Italy in association with its joint venture partner Tacita.
A communication from the company said that it plans to invest around €25 million over the next three years. The new centre will be headed by Pierpaolo Rigo, Co-Founder, Tacita, and will collaborate with Okinawa’s R&D team in India. The centre will further focus on new product development, upgrading the existing product portfolio and developing an all-new e-powertrain to support the next generation of products. It will employ nearly 50 specialists from India and worldwide, and soon the company will start its employee exchange program with Tacita to nurture the employees’ skills at both domestic and international levels.The first product designed at the global centre will be an electric cruiser motorcycle scheduled to be unveiled in the coming months in India. The motorcycle will be equipped with the latest EV technology and best-in-class performance amongst the motorcycle segment globally.
Jeetender Sharma, MD & Founder, Okinawa Autotech, said, “Setting up the global R&D centre showcases our ambition to bring the best technologies from the entire world to our Indian customers. The centre will be working on developing futuristic technologies for next-gen electric vehicles. We appreciate the support received from our partner Tacita in developing our first high-speed electric cruiser motorcycle for the Indian and global market. We are excited to bring this product to India to help us further strengthen our presence in electric two-wheeler industry.”
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