Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

Electric motor parts maker EuroGroup Laminations enters India, signs JV in China

Italian electric motor component maker EuroGroup Laminations is buying a 40% stake in India’s Kumar Precision Stampings, the company said shortly after announcing a preliminary agreement for a strategic electric vehicle sector alliance in China. Milan-based EuroGroup Laminations (EGLA) – which specialises in stators and rotors, two key components of electric motors and generators – … Read more