Sona BLW Precision Forgings has forayed into China EV market. The company has signed a binding term sheet with Jinnaite Machinery Co. (JNT) to establish a joint venture (JV) company in China. The JV will manufacture and supply driveline systems and components to automotive OEMs in China and globally. The company will invest $12 million, while JNT will contribute $8 million in assets and business to the joint venture in the first phase. The JV is expected to commence operations in the second half of the current financial year, this development plays a key role in the company’s expansion into the Chinese EV market.

The company is strategically expanding its presence in the faster-growing Asian markets. The company is the largest supplier of differential assemblies for battery electric vehicles (BEVs) in North America and ranks among the top suppliers in Europe. The driveline manufacturing operations in China align with the company's strategy to expand its presence in Asian markets, particularly in India, China, Japan, and South Korea, while also working to increase its market share further in North America and Europe.

The joint venture leverages company's expertise in driveline system design, precision forging, and precision machining, combined with JNT's proficiency in casting and molding. This collaboration, along with JNT's established customer relationships in China, supplier connections, and understanding of local regulations, positions JV for strong growth over the medium term. The JV is expected to commence operations in the second half of the current financial year to fulfil orders from both EV and non-EV automotive customers.

Sona BLW Precision Forgings is one of India’s leading automotive technology companies, designing, manufacturing and supplying highly engineered, mission critical automotive systems and components such as differential assemblies, differential gears, conventional and micro-hybrid starter motors, BSG systems, EV traction motors (BLDC and PMSM) and motor control units to automotive OEMs across US, Europe, India and China, for both electrified and non-electrified powertrain segments.