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…
Uno Minda Revs up Localisation of EV Parts, Plans New Plant Under Inovance TLA
Gurugram-headquartered Tier-1 major Uno Minda, which is a key supplier of switches, lights, and instrument clusters, among other propulsion-technology-agnostic parts, has revealed plans to set up a greenfield facility for a range of products it has lined up for passenger…
Uno Minda And StarCharge Unveil New Partnership
Uno Minda Ltd, a leading global Tier-1 supplier of automotive systems, has teamed up with StarCharge Energy Pte. Ltd to produce and sell Electric Vehicle Supply Equipments (EVSE) in India. This Technical Licence Agreement (TLA) will focus on manufacturing wall-mounted…
