Minda Corporation Limited, the flagship company of Spark Minda, has signed a technology licensing agreement with China-based Sanco Connecting Technology, a leader in Electric Vehicle (EV) connection systems.
Under this partnership, Minda Corp and Sanco will collaborate to develop EV connecting systems, including charging gun assemblies, bus bars, cell contact systems, Power Distribution Units (PDU), and Battery Distribution Units (BDU). The agreement will enable local development and production of advanced EDS solutions for the Indian EV market, further solidifying its role in the EV supply chain.
Aakash Minda, Executive Director of Minda Corporation, said, 'This partnership marks a key milestone in delivering customised EDS solutions for the EV market. By offering innovative and sustainable EV technologies, we aim to increase value across vehicle segments and achieve successful localisation.'
Zhijian Zeng, Chairman of Sanco Connecting Technology, added, 'Our partnership with Minda Corporation will significantly boost Sanco’s presence in India’s growing EV market. Leveraging Minda’s strong relationships with global automakers and local production expertise, we are poised to deliver world-class EV solutions to Indian OEMs.'
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