EXEDY and STARYA announced that the companies have entered into a strategic partnership that will launch themselves into a multitude of advantageous possibilities, creating mutual benefits along the way.
The agreement brings together to equip the Electric Propulsion Kit (EPK) with a state of the art Continuously Variable Transmission (E-CVT). EXEDY is a manufacturer of 2-wheeler/4-wheeler clutch plates and its assemblies catering to some of the top auto companies in the world and STARYA MOBILITY is a manufacturer of Electric Power Train and retrofitting of gearless IC engine scooters.
Tetsuya Yoshinaga (President & CEO) of EXEDY says, “This new partnership has come at a very good time which allows both the companies to strategically evolve into a technology driven and carbon-conscious venture which will help customers to meet their performance requirement at a fraction of the cost.”
Customers of STARYA-EXEDY will soon be able to avail the upgraded kit which has the E-CVT installed on the EPK, which will help climb gradients of 21 degrees and upwards depending on speed and load.
Ravi Kumar (CEO) of STARYA says, “By leveraging each other’s strengths both strategic as well as technical we hope to aid faster adoption of EVs not just nationally, but internationally as well.”
Amit Kumar, Founding Partner – ah! Ventures Fund said, “We are happy to have backed Starya during their earliest of stages. The team has done a phenomenal job and re-established the belief that execution is everything. We welcome Exedy to this wonderful journey and I am sure with their support and guidance, Starya will scale newer heights.”
Read the original announcement: https://ahventures.in/mailers/funding/staryapr.html