Chennai, March 23 -- Bosch Limited, a leading supplier of technology and services, and Tata AutoComp Systems Limited (TACO), India's leading automotive components conglomerate, announced an equal joint venture for engineering, manufacturing and sales of eAxle systems and electric motors in IndiaThe partners plan to hold equal shares in the joint venture, which aims to start its operations by mid-2026, subject to receiving all regulatory approvals.
''At Bosch, we strongly believe that Battery Electric technology is the definitive path to achieving low emissions in passenger cars and select commercial vehicle segments. Our joint venture with Tata AutoComp is designed to accelerate the adoption of these technologies by delivering efficient, s...