Silveline Power, an electric motorcycle company based in New Delhi, has entered into a significant Technology License Agreement valued at $135 million with the SRAM & MRAM Group. This agreement focuses on hydrogen fuel-based electric vehicles (EVs) and aims to revolutionize the industry. SRAM is dedicated to advancing 'Green and Clean Energy' initiatives and contributing to India's self-reliant energy campaign. SRAM's innovative approach to hydrogen fuel cell technology is poised to transform the EV market. By developing cost-effective and safe hydrogen cell solutions encased in aluminium, the group plans to make EVs more affordable and sustainable. The partnership with Silveline Power marks a crucial step towards manufacturing and commercializing these advanced EVs, particularly in India and Malaysia. The collaboration is aligned with global efforts to reduce emissions and embrace green energy solutions. It also supports India's commitment to achieving Net Zero emissions by 2070. SRAM's focus on perfecting the design and integration of hydrogen cells for EV components underscores its dedication to innovation and environmental responsibility. Overall, the partnership between Silveline Power and SRAM & MRAM Group signifies a positive leap towards a greener and more sustainable future for electric vehicles, with hydrogen technology at the forefront of this transformative journey.