Uno Minda commissions two new manufacturing plants for EV components and systems

Uno Minda Ltd, a leading global manufacturer and supplier of proprietary automotive solutions and systems, has recently commissioned a new EV systems plant in Farukhnagar, Haryana under the joint venture with FRIWO AG Germany. This new plant would manufacture On-Board Charger, Off-board charger, Motor Control Unit, DCDC converter, Battery Management System, and many more products catering to EV […]

Continue Reading

BorgWarner to acquire Eldor Corporation’s Electric Hybrid Systems Business Segment

BorgWarner Inc. and Eldor Corporation S.p.A. have announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a potential additional amount due subject to an earnout.  Headquartered in Italy, Eldor’s EHS segment includes on-board chargers […]

Continue Reading