This is the announcement/News of 5th September 2024.
Electrolution India Announces Strategic Manufacturing Partnership with K.S. Munjal Industries (Citizen Group)
We are thrilled to announce a groundbreaking partnership between Electrolution India Pvt Ltd and K.S. Munjal Industries, a key member of the esteemed Citizen Group. This collaboration marks a significant milestone in our journey to revolutionize eco-friendly transportation with our state-of-the-art electric cargo cycles.
Leveraging the expertise of K.S. Munjal Industries in precision manufacturing and advanced engineering, we will bring to market a new generation of electric cargo cycles designed for versatility, durability, and sustainability.
With Citizen Group’s robust manufacturing infrastructure and commitment to quality, Electrolution will scale up the production of our innovative cargo cycles to meet the growing demand across India and globally.
This partnership is built on a shared commitment to reducing carbon footprints and promoting green mobility. Together, we aim to empower communities with eco-friendly transportation solutions that are as efficient as they are sustainable.
Comments from Leadership:
Suranjan Das, CEO and Co-Founder of Electrolution:
“This partnership is a game-changer for us at Electrolution. By joining forces with K.S. Munjal Industries, we are enhancing our production capabilities and setting a new standard for quality and innovation in the electric cargo cycle industry. Together, we are committed to designing and delivering products that embody sustainability and efficiency, catering to the evolving needs of our customers.”
Mr. Manjinder Singh, MD and CEO of Citizen Components:
“Citizen Group has always been at the forefront of manufacturing excellence. Our collaboration with Electrolution aligns perfectly with our vision to drive the future through innovation and precision. We are excited to contribute our expertise to this venture, ensuring that Electrolution’s electric cargo cycles meet the highest standards of quality and performance.”
About Electrolution India Pvt Ltd:
Electrolution is a pioneering company dedicated to designing and manufacturing innovative electric cargo cycles. Our mission is to create sustainable and efficient transportation solutions that empower communities and reduce environmental impact. With a focus on customization, versatility, and rider comfort, Electrolution is redefining the future of eco-friendly mobility.
About K.S. Munjal Industries (Citizen Group):
Founded in 1973, K.S. Munjal Industries is a leader in manufacturing automotive and bicycle components, renowned for its commitment to precision, quality, and innovation. As a core part of the Citizen Group, the company has a rich legacy of providing high-quality products to Tier 1 suppliers and OEMs both in India and globally. Their expertise in advanced manufacturing technologies makes them an ideal partner for forward-thinking enterprises like Electrolution.