Endurance Technologies acquires 51% stake in Maxwell Energy Systems

Endurance Technologies Ltd acquired a 51% stake in Maxwell Energy Systems Private Ltd for Rs 135 crore. Maxwell is in the business of embedded electronics, particularly battery management systems for vehicles including electric vehicles.

“Auto component manufacturer Endurance Technologies Ltd said on July 1 that it has acquired a 51 percent stake in Maxwell Energy Systems Private Ltd for Rs 135 crore.”moneycontrol.com

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• moneycontrol.comEndurance Tech acquires 51% in Maxwell Energy Systems, eyes foray into EV productsMoneycontrol NewsJul 1, 2022

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