Sona Comstar establishes joint venture for EV components manufacturing in China
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China. The JV will manufacture and supply driveline systems and components to automotive manufacturers in China and globally, Sona Comstar informed stock exchanges in a filing on Sunday….