In Short : The Ministry of Heavy Industries (MHI) has mandated a 100% Domestic Content Requirement (DCR) for 18 critical EV components under the PM e-Drive initiative. This policy aims to boost local manufacturing, reduce import dependency, and strengthen India’s EV supply chain. It aligns with the PLI scheme for ACC and auto sectors, promoting […]
Sona Comstar inks licensing pact with Equipmake to produce EV components – EQ Mag
Equipmake has patented technology which offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Auto component maker Sona BLW Precision Forgings on Tuesday said it has inked a technology licensing agreement with the UK-based Equipmake for production of electric vehicle components. Equipmake has patented technology […]
