Minda Corporation, the flagship company of Spark Minda, has signed a Technology Licensing Agreement with Sanco Connecting Technology, China, one of the leaders in Electric Vehicle (EV) connection systems.
This agreement aims to enhance the product portfolio offering of Minda Corporation in the growing EV industry in the areas of Electrical Distribution Systems (EDS). Under this agreement, Minda Corp & Sanco will locally develop EV connecting systems, charging gun assemblies with sockets and accessories, bus bars, cell contact systems, Power Distribution Units (PDU) and Battery Distribution Units (BDU).
Commenting on this significant development, Aakash Minda, Executive Director, said, “By offering new age EV solutions, we will enhance the overall kit value across vehicle segments, with a commitment to achieve successful localisation, delivering greater value for our customers.”
The partnership is a significant step for Minda Corp that will enable them to design, develop and manufacture advanced EDS solutions locally for the EV customers in India. This will also strengthen the vertical integration capabilities of Minda Corporation’s Wiring Harness Division.
Zhijian Zeng, Chairman of Sanco Connecting Technology (Guangdong) Co., stated, “This collaboration will significantly boost Sanco’s presence in India’s expanding EV market. By leveraging Minda Corporation’s strong relationships with global automakers and extensive local production and engineering capabilities, we aim to deliver world-class, technology-backed solutions to Indian OEMs.”
_20240730183410_original_image_48.webp)
