Minda Corp bags Rs 750 cr order for EV battery chargers
Minda Corporation (Minda Corp), the flagship company of Spark Minda has secured a significant contract from a leading.
OEM to produce battery chargers for electric vehicles.
Aakash Minda, Executive Director said, “This order is a testament to Spark Minda’s robust EV product portfolio and our focus on customer-centricity.
The EV charger will be manufactured at Spark Minda Green Mobility Systems (a wholly-owned subsidiary of Minda Corporation Limited) facility in Pune.
In FY2023, electric vehicles accounted for nearly 20 percent of the total orders win for the company.
It was in 2021, Spark Minda, 26 percent equity stake in EVQPOINT Solutions, a start-up working on EV charging solutions.