Sona BLW Precision Forgings is reportedly eyeing two-thirds of its revenues to come from electric vehicle (EV) components over the next few years, as automakers rush to build more clean cars. The company will invest about $130 million over the next three years towards its electrification push. Sona BLW started investing in EV parts in 2015 and mainly supplies them to carmakers in North America, Europe and China.
Sona BLW Precision Forgings is one of the leading automotive technology companies in India. It is primarily engaged in designing, manufacturing, and supplying high-quality mission-critical automotive components such as differential assemblies, gears, conventional and micro-hybrid starter motors, etc.
