Global EV drive charges up Sona BLW Precision

The share of EV revenues to the total is likely to improve to 40% in the next two years. The highest contribution is expected to come from gear sales to EV makers, where the company has a global market share of 6%. The company sees the market share doubling in the next four-five years, with more participation in EV programmes, higher wallet shares from existing customers and increasing business from new markets, particularly in Europe.

via Economictimes