HomeInvestment & Trading ›Chroma ATE Board Approves Investment in EV manufacturer Gaius Automotive

Chroma ATE Board Approves Investment in EV manufacturer Gaius Automotive

The board of directors of Chroma ATE Inc. has approved the investment in Taiwan-based start-up Gaius Automotive as the first step in establishing a long-term strategic partnership.

June 30, 2022. By News Bureau

The board of directors of Chroma ATE Inc. has approved the investment in Taiwan-based start-up Gaius Automotive as the first step in establishing a long-term strategic partnership.

Chroma will supply electric control units (ECUs) to Gaius as one of the key components for electric three-wheeled delivery vehicles.

The tie-up will offer strong support to the development of Taiwan's electric vehicle (EV) industry.

In light of the eventual transition to a net-zero carbon world, net-zero emissions are much more than simply an environmental issue. They are also a key issue for the future of industrial development and international competitiveness where the electrification of vehicles is seen as a critical part.

Chroma's electric components can be used for every type and size of three- and four-wheeled vehicle, whether for commercial, industrial or personal use, from public-use buses, commercial delivery trucks and forklifts to passenger cars.

Gaius has developed a new generation of electric tricycles for commercial logistics, with the advantages of high performance, high load capacity, high mobility, and high safety to meet the demand for zero carbon emissions in the last mile of urban delivery.

Chroma has been deeply engaged in the field of electric vehicle measurement for many years, providing complete EV test solutions from power electronics, batteries and chargers to motor testing.

The company has developed a variety of recyclable test solutions with innovative technologies to meet the requirements of global green initiatives, while reducing power costs, and more importantly, reducing carbon emissions to support the industry's net-zero transition.

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