Thursday, March 12

Sona Comstar forms $20 million joint venture with Jinnaite to enter China

Sona Comstar is partnering with Jinnaite Machinery Co Ltd in a $20 million joint venture to manufacture driveline systems and components for electric vehicles in China. Sona Comstar will hold a 60% stake, aiming to expand its Asian footprint and capitalize on China's dominant EV market. Operations are slated to begin in the second half of FY26.
  • News Source Indiatimes (Click to view full news): CLICK HERE
  • Share:

0 Comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

Format: 987-654-3210