Siemens has completed the acquisition of the electric vehicle division of Mass-Tech Controls for Rs 38 crore. Earlier, the company had entered into definitive agreements for the acquisition of Electric Vehicle (EV) division of Mass-Tech Controls. The division is engaged in design, engineering and manufacturing of a wide range of AC chargers, and 30 to 300kW capacity DC chargers for various end applications for EVs.
Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.
| Company Name | CMP |
|---|---|
| Havells India | 1331.95 |
| Siemens | 3718.90 |
| Apar Inds | 11675.00 |
| ABB India | 7247.00 |
| Waaree Energies | 3474.00 |
| View more.. | |
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