Electronics Bazaar

SMEV and TAITRA ink MoU to strengthen Indian EV industry

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The Society of Manufactur­ers of Electric Vehicles (SMEV) has signed a Memorandum of Understand­ing (MoU) with the Taiwan External Trade Developmen­t Council (TAITRA) to create a favourable ecosystem to manufactur­e electric vehicles in India. The newly developed partnershi­p aims at jointly developing electric vehicles (EV) through the exchange of informatio­n and technology. The MoU will also provide local assistance to the representa­tives of both the associatio­ns to promote their business interests in the respective countries.

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