LAPL Automotive Secures New EV Two-Wheeler Programs
LAPL Automotive Limited has announced two significant business developments for its Mirror Division, strengthening its position in the electric two-wheeler market. The company has received a development order from Oben Electric for rear-view mirrors (RVMs), marking Oben Electric as a new OEM customer. LAPL Automotive will work on meeting Oben Electric's technical and quality requirements, with potential progression to commercial production contingent on successful validation. Additionally, LAPL Automotive has added a new RVM product for its existing customer, BGAUSS, with production scheduled to begin in October 2026. These developments expand LAPL Automotive's customer and product portfolio, aligning with its strategy to increase participation in electric mobility.
Key Highlights
- Secured development order for RVMs from new EV OEM, Oben Electric.
- Added new RVM product for existing EV customer, BGAUSS.
- Production for BGAUSS new product to commence in October 2026.
- Strengthens presence in India's electric two-wheeler component segment.
- Enhances participation in electric mobility programs.
Price Impact
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