Uno Minda Acquires Full Ownership of EV Joint Venture for ₹195 Crore

Auto components manufacturer Uno Minda has announced the acquisition of the remaining 49.9% stake in its joint venture, Uno Minda EV Systems (UMEV), from German partner FRIWO Gerätebau GmbH for ₹195 crore. With this transaction, Uno Minda’s ownership in UMEV…