Sterling Gtake E-mobility (SGEM), a manufacturer of motor control units for electric vehicles, has bagged an order worth Rs 60 crore from a leading electric two-wheeler maker.
The company is also in advanced stages of discussions with over 20 electric vehicle (EV) manufacturers for supply of motor control units (MCUs) for different vehicle types, including two-wheelers, three-wheelers, passenger vehicles and commercial vehicles. The order worth Rs 60 crore is for high-speed electric two-wheeler application.
SGEM is a part of the Sterling Tools Group, a manufacturer of cold forged high-tensile fasteners with presence of over four decades in the Indian auto sector.
SGEM's product portfolio covers the entire spectrum of applications from one kW to 200 kW and 48 V to 700 V. With the contracted business commencing from August 2021, SGEM aims to emerge as the largest domestic supplier of MCUs by the end of 2021.