Uno Minda has entered into Technical License Agreement (TLA) with Starcharge Energy (StarCharge) to manufacture and sale of Electric Vehicle Supply Equipments (EVSE) in India. The EVSE comprises of wall-mounted AC chargers designed for convenient home charging. These chargers are usually sold along with electric vehicles to the customers by the OEMs to provide ease of charging at home. With this partnership Uno Minda further builds up on its EV-specific product portfolio for the passenger car market.
As the demand for electric vehicles continues to rise, the need for efficient and reliable EV charging solutions becomes paramount. Limited public charging infrastructure is a current obstacle for EV adoption. Besides cost and speed, the waiting time for the vehicle charging at the public charging are the least satisfying aspects. Consequently, most EV charging demand globally has been met at home or at work and not by publicly accessible chargers, according to the International Energy Agency. Uno Minda in partnership with Starcharge aims to revolutionise such home charging solution paving the way for faster cleaner mobility adoption in India.
Uno Minda (formerly known as Minda Industries) offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.
Company Name | CMP |
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SamvardhanaMotherson | 131.15 |
TVS Holdings | 8454.50 |
Bosch | 28896.35 |
UNO Minda | 728.50 |
Varroc Engineering | 514.70 |
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