Mitsui, TECO tie up to make EV motors in India2 min read 31 Oct 2019, 06:23 PM IST
Two firms plan to build a $14 mn production facility in Bengaluru through their JV, TEMICO International
TEMICO India was set up by Mitsui and TECO in April last year wherein the former holds 40% and the remaining 60% stake is with the latter
MUMBAI : Mitsui & Company and its joint venture partner from Taiwan, TECO Electric & Machinery Co. Ltd. plan to manufacture motors for electric vehicles (EVs) from next year.
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