Minda Corporation and Sanco Connecting Technology, China, a pioneer in EV connection systems, have inked a technology licensing agreement.
With this collaboration, Minda Corporation will be able to supply more Electrical Distribution Systems (EDS) products to the expanding EV market. In accordance with this agreement, Minda Corp & Sanco will develop EV connecting systems, bus bars, cell contact systems, charging gun assemblies with sockets and accessories, Power Distribution Units (PDU), and Battery Distribution Units (BDU) locally.
“The partnership is a significant step enabling us to design, develop and manufacture advanced EDS solutions locally for the EV customers in India,” the company said.
Additionally, this will strengthen Minda Corporation’s Wiring Harness Division’s capacity for vertical integration and solidify its standing as a major participant in the EV Supply chain ecosystem.
Aakash Minda, Executive Director, commented on this noteworthy achievement and stated that his company will be able to provide the EV industry with comprehensive and customized Electrical Distribution System (EDS) solutions thanks to the collaboration.
By offering new age EV solutions, we will enhance the overall kit value across vehicle segments, with a commitment to achieve successful localization, delivering greater value for our customers,” he said.
Zhijian Zeng, Chairman of Sanco Connecting Technology (Guangdong) Co. Ltd. stated, “Sanco has chosen Minda Corporation as a strategic partner to expand our global footprint. This collaboration will significantly boost Sanco’s presence in India’s expanding EV market”.