Auto components maker Uno Minda on Friday said it has tied up with Starcharge Energy to manufacture and sell electric vehicle supply equipment in the country.
The company has entered into a technical license agreement with Starcharge Energy Pte for wall-mounted AC chargers designed for home charging.
"This collaboration further strengthens our dedication to 'Make in India' and for accelerating the nation’s transition to a sustainable and electrified future," Uno Minda Group CMD Nirmal K Minda said in a statement. StarCharge, a global leader in electric vehicle charging infrastructure and microgrid solutions, operates in 67 countries and regions with manufacturing facilities in the US, Vietnam, and China.
"We are optimistic about the outlook for EV adoption in India and believe there will be tremendous opportunities for home charging solutions," StarCharge Chairperson Shao Danwei stated.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.