Uno Minda's board has approved a greenfield manufacturing plant for high-voltage powertrain products, targeting electric passenger and commercial vehicles. The plant, initially operated by Uno Minda Auto Innovations, will produce Combined Charging Units, E-Axles, Inverters, and Motors. Once regulatory approvals are obtained, the subsidiary will become a joint venture with Suzhou Inovance Automotive, with Uno Minda holding a 70% stake.
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