Menu

Lumax Auto signs MOU with Ananda Drive Techniques to make motors, controllers for EVs

News
Corporate developments

Companies plan to set up a manufacturing facility in India towards the end of FY 2020-21

India-based Lumax Auto Technologies Limited has signed a Memorandum of Understanding (MOU) with Ananda Drive Techniques, China to manufacture powertrain products for electric vehicles (EV) including automotive motors and controllers, according to a regulatory filing by Lumax on 7 February.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload