Minda Corporation forms joint venture for EV powertrain solutions
pre-market1 source ↓written by the desknot a recommendation
- will hold
- 49% stake
- Turntide will own
- 51%
Minda Corporation has entered a joint venture with Turntide Technologies to develop advanced electric vehicle powertrain solutions in India. Minda will hold a 49% stake, while Turntide will own 51%. This partnership aims to enhance local capabilities in the rapidly expanding EV sector and produce high-performance components tailored for Indian needs. ⚡
Not investment advice. For informational purposes only.