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Belrise Industries bags EV orders from Tata Motors, M&M

Wednesday, 21 Feb 2024
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Belrise Industries (BIL) has bagged major orders in the electric vehicle (EV) space from Tata Motors and Mahindra & Mahindra. Belrise was appointed as a single-source supplier for chassis frames of Tata Ace Electric Vehicle (EV) models.

Belrise will supply over 20 components to the new EV models of Mahindra & Mahindra, which are yet to be launched in the market. Currently, the products are under development stage and commercial production supply is expected to start in Q1 of FY25. The frames for Ace EV are manufactured in BIL’s facility at Pantnagar, Uttarakhand, which is close to TML’s light commercial vehicle assembly plant.

BIL has already manufactured and supplied over 5,000 Chassis frames to TML for its Ace EV models till last December. Tata Passenger Electric Mobility, the subsidiary of TML, plans to invest USD two billion in the EV sector and aspires to be a global player, in its commitment to reach net-zero emissions by 2039 for JLR, 2040 for passenger vehicles, and 2045 for commercial vehicles.

Belrise supplies to leading domestic and global OEMs in the automotive industry, and exports products to multiple regions, including the United States, Europe, and Asia.

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