Auto expansion: Sona Comstar forms $20 million joint venture with Jinnaite to enter China; move aims to tap booming EV market

Sona Comstar is partnering with Jinnaite Machinery Co Ltd in a $20 million joint venture to manufacture driveline systems and components for electric vehicles in China. Sona Comstar will hold a 60% stake, aiming to expand its Asian footprint and capitalize on China’s dominant EV market. Operations are slated to begin in the second half of FY26.