Spark Minda receives Rs 750-cr EV battery charger order from leading OEM

Auto components maker Minda Corporation Limited, the flagship company of Spark Minda, said on Tuesday that it had received a contract from a leading original equipment manufacturer (OEM) to produce battery chargers for electric vehicles (EVs). The lifetime value of the order is Rs 750 crores.

However, the company did not disclose the name of the automobile manufacturer from which it had bagged the order.

Aakash Minda, executive director of Spark Minda, said, “This prestigious order is a testament to Spark Minda’s robust EV product portfolio and our focus on customer-centricity. This milestone underlines our commitment towards promoting sustainable mobility and our ability to adapt to the evolving demands of the global automotive industry.”