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September 05,2024

Minda Signs EV Tech Agreement with China’s Sanco

Minda Corporation’s shares rose over 2% following its technology licensing deal with China’s Sanco Connecting Technology. This partnership aims to enhance Minda’s electric vehicle (EV) product range, including Electrical Distribution Systems (EDS) and charging solutions. The collaboration will localize the development of advanced EV components, boosting Minda’s role in India’s EV supply chain.

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