Sterling Tech-Mobility collaborates with Chinese firm for EV component plant
Sterling Tech-Mobility has announced plans to set up a manufacturing facility in Bengaluru, Karnataka, in partnership with Chinese firm Kunshan GLVAC Yuantong New Energy Technology. This initiative will focus on producing high-voltage DC (HVDC) contactors and relays, essential components for electric and hybrid vehicles (EVs and HEVs). Projected to generate Rs 2.5 billion in revenue…