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Ramkrishna Forgings signs MoU with Massachusetts based ePropelled

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Capital Market
Last Updated : Nov 12 2021 | 10:31 AM IST

To jointly develop eAxle products based on ePropelled's patented eDTS technology

Ramkrishna Forgings has signed a memorandum of understanding with ePropelled (USA), the Massachusetts-based technology company that offers leading-edge electric propulsion systems.

Based on the agreement, the two companies will jointly develop eAxle products based on ePropelled's patented Dynamic Torque Switching™ (eDTS) technology that increases power efficiency by at least 15%, allowing manufacturers to reduce the size and cost of their battery packs. In addition, eDTS provides high torque at low speeds without drawing high current from the batteries as well as high speeds at low torque levels without using field weakening. This unique combination results in a highly scalable design that can be used in a variety of vehicles ranging from light EVssuch as scooters and three-wheelersto cars, light trucks, and large trucks.

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First Published: Nov 12 2021 | 10:07 AM IST

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