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AlstonThomson
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AlstonThomson
Release Time:2024-05-21
Motherson Sumi through subsidiary forms JV with Ossia Inc
The new institutional entity will be located in the United States and supported by the Samvardhanana Motherson Group (SMG) global organization. New Delhi: Automotive components giant Motherson Sumi Systems Limited (MSSL) on Tuesday announced a joint venture with Ossia through its subsidiary Samvardhana Motherson Automotive Systems Group BV. /p Ossia, headquartered in the United States, is the innovator of Cota Real wireless charging technology. Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV), a subsidiary of Motherson’s Innovations Company Limited (MI), will hold a majority stake in the joint venture. The new entity will be located in the United States and supported by the Samvardhanana Motherson Group (SMG) global organization. In addition to the joint venture, MI will invest $14 million for a 4.5% stake in Ossia Inc. Globally, the joint venture will focus on the integration of Cota technology into a variety of non-military passenger, commercial and public...
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GMC Terrains are frequently recognized as quality vehicles with a smooth ride. premium interiors. and excellent fuel efficiency. In terms of reliability. it ranks above average. but like any car. upkeep is crucial for longevity and performance. It boasts standard features such as a user-friendly infotainment system and advanced driver-assist options. We suggest carefully examining and test driving the vehicle before making a purchase to ensure it meets your individual requirements.
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