FRIWO AG and UNO MINDA Group form joint venture for e-mobility in India

FRIWO AG and UNO MINDA Group have entered a joint venture to develop and market e-drive solutions for electric two- and three-wheelers in India. FRIWO will hold a 49.9% stake, and UNO MINDA plans a €15 million investment in FRIWO.

“The Joint Venture will perfectly combine FRIWO’s long-term experience in providing sophisticated e-mobility solutions with the unmatched manufacturing track record of UNO MINDA.”friwo.com

• 1 source
• friwo.comJoint Venture between FRIWO AG and UNO MINDA Group opens new e-mobility perspectives for both companies - FRIWOSabrina KieseDec 10, 2021

Summarized from public sources; check the original articles before acting on it.