Uno Minda Moves to Acquire Full Ownership of Electric Motor JV with Buehler Motor GmbH!

In a decisive strategic move, Uno Minda Limited has announced its intent to acquire complete ownership of its joint venture with Germany’s Buehler Motor GmbH, Uno Minda Buehler Motor Private Limited. The proposed acquisition underscores Uno Minda’s growing ambitions in the electric mobility space, particularly in the fast-expanding two- and three-wheeler EV segment.

The joint venture, which was formed in December 2022, specializes in traction motors and electronically commutated DC motors for electric vehicles. Since its inception, the company has shown significant growth, with a turnover of ₹516.13 lakh in FY 2024–25, up from ₹121.90 lakh the previous year. This strong performance signals rising demand for electric drive technologies and reflects the joint venture’s growing relevance in India’s evolving mobility landscape.

Uno Minda’s proposal involves the purchase of Buehler Motor GmbH’s entire stake, effectively making Uno Minda Buehler Motor Pvt. Ltd. a wholly owned subsidiary. While the transaction qualifies as a related-party deal, the company has assured stakeholders it will be conducted at arm’s length, with no special interest held by promoters or related entities outside their existing shareholding.

Importantly, the company confirmed that the deal does not require any external regulatory approvals. Key aspects such as the transaction value, payment terms, and closing timeline will be finalized upon clearance by Uno Minda’s Mergers and Acquisition Committee.

This acquisition is consistent with Uno Minda’s long-term strategy to strengthen its presence in the electric vehicle ecosystem. By bringing the motor manufacturing venture entirely under its control, Uno Minda will not only gain greater operational agility and decision-making power but also further consolidate its capabilities across EV components.

Established in 1958, Uno Minda is a trusted name in the global automotive components industry. With more than six decades of innovation, the company manufactures over 25 categories of components for OEMs in India and overseas. Its wide-ranging product portfolio includes automotive switches, lighting systems, acoustic solutions, seating systems, alloy wheels, and more—serving both conventional and electric/hybrid vehicles.

By reinforcing its footprint in electric drivetrain technology, Uno Minda is positioning itself as a key enabler of India’s transition toward cleaner, more sustainable mobility. This move not only strengthens the company’s product offerings in the high-growth EV segment but also reflects its commitment to localizing critical technologies and supporting the government’s Make in India and Atmanirbhar Bharat initiatives.

As electric mobility gains momentum in India, Uno Minda’s bold step toward full ownership of this EV-focused joint venture signals a forward-thinking approach to capturing future market opportunities—backed by innovation, integration, and strategic clarity.