News

The MoU is for joint development of advanced technologies, and industrialization of robots and humanoids in India and other markets

The company has received certification for three additional electric vehicle products under the Production-Linked Incentive Scheme

The company has signed a binding term sheet with Jinnaite Machinery Co. to establish a joint venture company in China

The MoU will enable Sona Comstar and The ePlane Company to cooperate in the areas of eVTOLs and Drones

This collaboration marks a significant milestone in advancing groundbreaking R&D in autonomous vehicle technologies

This is company’s second plant for the driveline business in IMT Manesar

The company is the first automotive component company to receive the certification

This is for setting up captive power generating facility in the state of Haryana

The company has executed Letter of Intents for setting up Captive Generating Plant

Total consolidated income of the company increased by 20.70% at Rs 796.91 crore for Q2FY24

SONA BLW Edrive Mexicana requires capital for meeting its pre-operative expenses

With Novelic’s capabilities in sensors and perception solutions, Sona Comstar intends to expand in the area of autonomous and connected vehicle technologies

The Board of Directors of the company at its meeting held on July 27, 2023, has approved the same

The company reached the 5 million differential assemblies production milestone in less than three years

The company has incorporated wholly owned subsidiary namely ‘Sona BLW Edrive Mexicana, S.A.P.I. DE C.V’

The shares were offloaded at an average price of Rs 503.73 apiece, taking the transaction value to Rs 957 crore

Equipmake will license certain patented spoke motor and inverter technology in the power range of 100kW to 440 kW to Sona Comstar

The new plant is capable of manufacturing gears for EV and Non-EV applications and serve customers globally

The shares were sold at an average price of Rs 410.04 apiece, taking the transaction value to Rs 4,917.43 crore

The acquisition is expected to be EPS accretive for Sona Comstar from 1st year and offers strong growth opportunities over the medium term

Total consolidated income of the company increased by 12.62% at Rs 660.22 crore for Q2FY23

The program will benefit fourteen meritorious and deserving women students from economically weaker backgrounds for three years

The company started production of these indigenous traction motors at its Chennai plant in November 2020

The stocks were sold on an average price of Rs 509.10 on the BSE

The partnership with DRIVE will give Sona Comstar access to Israel’s hi-tech mobility start-up ecosystem