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Auto components manufacturer, Hero Motors, a part of the Hero Motors Group (HMC) and Yamaha has announced a joint venture to manufacture electric motors for electric bicycles.

Hero Motors And Yamaha Announce Joint Venture To Manufacture Electric Drive Motors

Sona Comstar, one of India's leading auto components manufacturer and Israel's IRP Nexus Group are collaborating together to develop a magnet-less electric motor technology.

Sona Comstar And IRP Nexus To Collaborate For New Electric Motor Tech

The Sona Group, one of India's leading automotive components manufacturers, has signed an agreement to acquire the entire 25 per cent stake of Mitsubishi Materials in the Sona BLW Precision Forging Limited. The Sona Group had an annual turnover of Rs. 2,400 crore and Sona BLW Precision Forgings Limited (SBPFL) is the business group's flagship company.

Sona AutoComp To Acquire Mitsubishi Materials' Entire Equity

While manufacturers have claimed that its usual business for the companies as of now after Brexit, it is the auto component manufacturers who have expressed their worry. United Kingdom remains a major hub for manufacturers like Robert Bosch GMBh and ZF.

Auto Component Manufacturers Raise Concern Over Brexit As Well

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