Auto component manufacturer Sterling Tools Ltd (STL) and Jiangsu Gtake Electric have formed a joint venture to design, manufacture and supply motor control units in India, especially for electric vehicles. The agreement calls for the companies to manufacture motor control units domestically to cater to the Indian automotive market as well as to develop local design engineering, application support and after-sales service capabilities.
Sterling Tools in JV with Chinese company to make components for EVs
Date posted: Thursday 2 January 2020