Sona Comstar, which is one of the largest manufacturers of EV traction motors in India, gets the PLI certificate for its traction motor for electric two-wheelers.
23 Feb 2024 | 4453 Views | By Autocar Professional Bureau
Sona BLW Precision Forgings (Sona Comstar) has become the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. The company has filed seven applications for different products under the PLI scheme, and it has received the certification for its first product – a hub ...
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Sona BLW Precision Forgings (Sona Comstar) has become the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. The company has filed seven applications for different products under the PLI scheme, and it has received the certification for its first product – a hub wheel drive motor for electric two-wheelers.
Sona Comstar has received the Auto PLI certification for its hub wheel drive motor for electric two-wheelers. (Image: Sona Comstar)
The company's R&D team designed and developed the EV traction motors in-house and launched them for production in 2020. With strong demand for its products from EV manufacturers, Sona Comstar has become one of India's leading manufacturers of EV traction motors. In 2021, the government introduced the Auto PLI scheme to incentivise the domestic production of high-value advanced automotive technology vehicles and products. The PLI scheme for the auto and auto component sector has a budgetary outlay of Rs 259 billion over five years, starting from FY2023-24.
Vivek Vikram Singh, MD and Group CEO of Sona Comstar, said: "We are proud to be the first company in the auto component industry to receive the PLI certification. We thank the MHI, IFCI Limited and GARC for this approval. This recognition reaffirms the company's commitment to making India proud of its engineering skills and solving complex and customized engineering problems for its customers. At Sona Comstar, we are dedicated to promoting greener, safer and smarter mobility globally through the development, engineering and manufacturing of products in India."
Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up 26%