Tier-I supplier of automotive and electric components, Lucas TVS has started its series production of hub motors and controllers at their Puducherry plant. Production at the facility was to commence by early 2022 but got delayed mainly due to Covid and related issues around the supply chain which meant delays in the procure of equipment from different manufacturers. There were also some vendor-related challenges with regards to the quality given the company's stringent expectations.
Currently, the plant has three assemble lines for the electric motors and employs up to 100 people for this in particular. "Going forward, we are looking to have multiple lines and are looking to expand the footprint in EV," said Babu K S V, Business Head - eMobility, Automotive Motors, and Cooling Solutions at Lucas TVS.
"So far, around Rs 30 crore have been invested over the last one and a half years. We have also won the advanced automotive supplier's PLI scheme where we have committed to invest Rs 250 crore predominantly for the proruction of traction motors and controllers," the business head explained.
Plans to scale up
At present, the plant is making around 3000 sets per month in hub motors and they are planning to scale it up to 10,000 to 15,000 units in the coming quarter. "Definitely, each of the products will run into a couple of million in the next five to six years. And, the current order book size is around 150,000 units for the hub motors. This is an open order from the customers," Babu added.
This story is from the 15th July 2022 edition of Autocar Professional.
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This story is from the 15th July 2022 edition of Autocar Professional.
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