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Kirloskar Electric Company entered into a 50:50 joint venture with Electrodrive Powertrain Solutions to design, develop, and sell electric motors for electric vehicles. Manufacturing will be done by Kirloskar Electric.
“Kirloskar Electric Company has entered into joint venture with Electrodrive Powertrain Solutions for purpose of design and development, sales and supply of electric motors to be used in all types of electric vehicles.”business-standard.com
Summarized from public sources; check the original articles before acting on it.