ADVIK Hi-Tech, a global automotive component manufacturer, announced a new exclusive technology licensing agreement with Entecnia S.L.U., Spain for electric vacuum pumps for passenger car braking systems on 24th May 2022. This product is designed to cater to electric vehicles & internal combustion engines for automotive applications.
This agreement is a strategic fit as it accelerates ADVIK from a current manufacturer of mechanical vacuum pumps to now offering the latest technology in electric vacuum pumps for Global passenger car OEMs.
Electric Vacuum Pump is a key product for xEV vehicles including ICE vehicles for Braking systems and this collaboration will widen ADVIK’s product offering to xEV vehicles.
“With ADVIK getting PLI (Production Linked Incentive) for Automotive Components, this partnership makes even more strategic sense as ADVIK would be able to cater to OEMs entering the xEV’s space as well help them reduce CO2 emission by 2gm/km for ICE vehicles.” said Aditya Bhartia, Managing Director, ADVIK Group of Companies.