Jayem Automotives

{{Short description|Indian automotive development company}}

{{Infobox company

| name = Jayem Automotives

| logo =

| caption =

| type = Private Sector

| founder = B. Jayachandran

| founded = {{Start date and age|1969}}

| area_served = Worldwide

| location_city = Coimbatore

| location_country = India

| subsid =

| industry = Automotive

| revenue =

| operating_income =

| website = {{url|http://www.jayemauto.com|Jayem Automotives}}

}}

Jayem Automotives Private Limited is an Indian automotive R&D and manufacturing company based in Coimbatore.{{cite web|url=https://www.thehindubusinessline.com/companies/tata-motors-jayem-automotives-unveil-new-range-of-cars/article25337538.ece |title=Tata Motors, Jayem Automotives unveil new range of cars|date=26 October 2018 }} The company is involved in engine, gearbox, chassis, suspension development, and manufacturing of electric vehicles and powertrain systems.{{cite news|url=https://www.thehindu.com/business/jayem-to-roll-out-electric-cars/article20718132.ece |title=Jayem to roll out electric cars|website=The Hindu|date=23 November 2017 }}

History

Jayem Automoties was founded by Indian automobile designer B. Jayachandran in 1969. In 1999, Jayem Automotives entered into a joint venture agreement with Mahindra & Mahindra to develop various new vehicles, engines and suspension systems. The company also worked with Hindustan Motors on various vehicle developments.{{cite web|url=https://www.business-standard.com/article/companies/former-racer-to-drive-nano-electrification-117121600973_1.html |title=Former racer to drive Nano electrification|date=16 December 2017 }}

In 2005, the company severed ties with Mahindra & Mahindra and partnered with Tata Motors to test and develop various vehicle development programmes. In 2017, Ratan Tata invested in Jayem Automotives to develop electric drive systems for the automotive industry.{{cite news|url=https://timesofindia.indiatimes.com/business/india-business/ratan-tatas-investment-in-jayem-spun-off-to-a-new-company/articleshow/62214407.cms |title=Ratan Tata's investment in Jayem spun off to a new company|website=The Times of India|date=23 December 2017 }} Later in the year, Tata Motors and Jayem launched JTP, a joint venture company to manufacture performance brand cars.{{cite web|url=https://qrius.com/electric-vehicle-jayem-neo/ |title=Tata aims to capitalise the electric vehicle market with the Jayem Neo|date=25 November 2017 }}

References