Fiem Industries Limited (FIEM) has signed one Memorandum of Understanding (MoU) with Gogoro India Pvt. Ltd. (A group company of Gogoro Taiwan) to expand its product portfolio in the 2-Wheeler Electric Vehicles (EV) segment.
In addition to Lighting & Rear View Mirror business, Fiem Industries will manufacture Hub Motor Assembly, Electric Control Unit (ECU), and Motor Control Unit (MCU) for Gogoro.
In terms of MoU, Gogoro will provide the technical know-how and other support in setting up the manufacturing facility as well as production, quality, and testing support for the above new product line.
FIEM is a leading Tier-1 Two-wheeler OEM Supplier in India for Automotive Lighting, Signaling Equipments, Rear View Mirrors, Plastic Molded & Sheet Metal Parts, Bank Angele Sensors, etc. FIEM’s Two-wheeler OEM customers include Honda Motorcycles and Scooters, TVS Motors, Yamaha, Suzuki Motorcycles, Harley Davidson, and many others. FIEM supply its products in India as well as export to Japan, Thailand, Europe, the USA, and other countries.
FIEM has been able to garner the Automotive Lighting and Rear View Mirror business from a large number of 2-Wheeler Electric Vehicles (2WEVs) OEMs in India and many 2WEVs OEMs are FIEM’s customers. FIEM is continuously working to garner more business in the 2WEVs space.