# PG Technoplast becomes exclusive manufacturing partner for Spiro Mobility in India

PG Electroplast's subsidiary PG Technoplast signed a definitive agreement to become the exclusive manufacturing partner for Spiro Mobility's electric vehicles and lithium-ion batteries in India. PG Technoplast will set up and manage manufacturing facilities, while Spiro handles R&D, marketing, and distribution.

- Type: Contract
- Announced: 2024-11-18
- Where: India, India
- Status: announced
- Products: electric vehicles, lithium-ion batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PG Technoplast](https://endata.com/companies/62909.md)
- [PG Electroplast](https://endata.com/companies/7754.md) (partner)
- [Spiro Mobility](https://endata.com/companies/81108.md) (customer)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/pg-electroplast-share-price-spiro-mobility-agreement-electric-vehicles-lithium-ion-battery-production-2024-returns-19511033.htm), 2024-11-18: "The company's entry into EV and Lithium-Ion battery manufacturing opens up a new horizon of growth and with a partner like Spiro, the company is confident that this association will go a long way to become a sizeable player in the Indian EV market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.