PG Electroplast, a well-known player in Electronic Manufacturing Services, is planning to enter the electric vehicle (EV) sector through a partnership with Spiro Mobility, Africa's leading EV company.

PG Technoplast, a subsidiary of PG Electroplast, will establish and manage manufacturing facilities in India for electric vehicles, Lithium-Ion batteries, and essential components. This strategic move aims to boost the EV market in emerging markets.

Spiro Mobility's CEO, Kaushik Burman, is optimistic about the collaboration's success. Spiro Mobility is expanding its presence in India with a new Global Technology Office in Pune, focusing on electric motorbikes and battery-swapping technology.

Vishal Gupta, Managing Director (Finance) of PG Electroplast, sees this venture as a significant growth opportunity, positioning the company as a key player in India's growing EV market. This initiative aligns with the increasing investment in green mobility solutions in the region.