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July 21,2025

Sona Comstar invests $12 million in Chinese EV Joint Venture

Sona Comstar has formed a joint venture with Jinnaite Machinery, investing $12 million for a 60% stake to enter China’s EV market. The JV will start operations in late FY 2026, manufacturing driveline systems for automotive OEMs globally. Sona Comstar, a leading EV differential supplier, will leverage Jinnaite’s advanced foundry capabilities.

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