MEP Technologies have signed a Memorandum of Understanding with Bimetal Bearings Ltd, part of the Amalgamations Group, based in Chennai, India. This MoU marks the start of a growing relationship with the Indian manufacturing sector, with the long-term goal of decarbonising 2 & 3 wheel vehicles.
Bimetal Bearings Ltd., (BBL) is a reputed technology provider, developer and manufacturer of bearings for automotive applications in the OEM segment. Together with MEP Technologies, who have decades of experience in developing and manufacturing high-tech battery systems, new markets will be investigated, and new battery technology will be developed.
The parties recognize that the current regulatory support in India, alongside government incentives and customer willingness to adopt EVs, are all favourable to the development, manufacture and implementation of cutting-edge mobility technology.
MEP Technologies is beyond excited about our international future!