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Ramkrishna Forgings signs MoU with ePropelled

12 Nov 2021 Evaluate

Ramkrishna Forgings has signed a memorandum of understanding (MoU) 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 SwitchingTM (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 EVs--such as scooters and three-wheelers--to cars, light trucks, and large trucks.

Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger Side Frame Key and various other forgings items of Railway Coaches and Wagon.

Ramkrishna Forgings Share Price

610.05 -11.80 (-1.90%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharat Forge 1988.45
Ramkrishna Forgings 610.05
MM Forgings 493.05
Happy Forgings 1443.55
Balu Forge Industrie 550.40
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