Nuremberg, 16th November 2022 – In a ceremonious atmosphere, representatives of Uno Minda Ltd, India, and Bühler Motor GmbH met on November 16th for the signing of a joint venture agreement in the town hall of Triberg, in the Black Forest. Uno Minda Ltd. and Bühler Motor GmbH will found a joint venture in India, named Uno Minda Buehler Motor Private Ltd. in India.

 

The site selected for the signing of the contract was not chosen arbitrarily. Triberg marks the birthplace of Bühler Motor GmbH, which has now agreed with Uno Minda to work together on the joint development, production, and marketing of electric drive solutions for electrified 2- and 3-wheelers for the Indian market.

 

Buehler Motor's development expertise in the field of drive technology and micromobility and Uno Minda's exceptional customer and market knowledge in the target region form the basis for the collaboration. The start of production is scheduled for the end of 2023. By then, a joint production plant and a local supply chain will have been established in India.

 

“Uno Minda has been in continuous pursuit for new and advance technologies facilitating smarter, cleaner and safer transportation. We are extremely delighted to partner with Buehler to enhance our electric vehicle offerings. This partnership will help us combine our engineering expertise and technologies to accelerate localisation and manufacturing of traction motors for Indian automotive market,” says Nirmal K Minda, Chairman & Managing Director, Uno Minda Group.

 

"With Uno Minda, the Bühler Motor Group has a strong player, a first-tier supplier, at its side for entry into the Indian market. Together we want to further focus our strategic goal of expanding our target markets in the field of E-micromobility, thus ensuring the sustainable and globally balanced growth of the Group," says Mark Furtwängler, Managing Partner of Bühler Motor GmbH.