Bosch and Tata Autocomp form joint venture for EV components
after close1 source ↓written by the desknot a recommendation
- to manufacture
- 50:50 joint venture
- and a total
- ₹10 lakh
- ₹94 crore
Bosch Ltd and Tata Autocomp Systems Ltd announced a 50:50 joint venture to manufacture e-axles and electric traction motors in India. The new entity will have an initial capital of ₹10 lakh and a total investment of up to ₹94 crore. This collaboration aims to leverage Bosch's engineering expertise and Tata's manufacturing strengths to localize key EV drivetrain components.
Not investment advice. For informational purposes only.