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Tsuyo Manufacturing signs LOI for EV powertrain plant in Karnataka

pre-market1 source ↓written by the desknot a recommendation

and will include
600 kW

Tsuyo Manufacturing has signed a Letter of Intent with the Karnataka Government to establish a new manufacturing facility in Dharwad. This plant will focus on producing heavy-duty EV powertrains with capacities up to 600 kW and will include a dedicated testing track. The agreement was formalized at the Bengaluru Tech Summit 2025.

This development is significant for the EV sector, reinforcing Karnataka's position as a hub for electric vehicle manufacturing and innovation. It may attract further investments and boost local employment opportunities.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Nov 2025, 07:07 IST.

Sourcesnews.google.com

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