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

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

Posted

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.

Read Full Article

Please log in to like, share and comment!