Uno Minda Ltd Completes Acquisition of Buehler Motor GmbH’s Entire Stake in JV, Invests Rs 400 Crore in UMEVS, Ends Existing JV with Buehler

Uno Minda Limited announced the successful acquisition of Buehler Motor GmbH’s entire equity stake in Uno Minda Buehler Motor Private Limited, consolidating full ownership of its EV traction motor business. This move follows previous board approvals and signals Uno Minda's thrust to strengthen its presence in the electric two- and three-wheeler motor market.

Simultaneously, Uno Minda intends to invest up to Rs 400 crore in Uno Minda EV Systems (UMEVS), its specialized unit for manufacturing e-drive technologies including motor controllers, battery management systems, and vehicle control units. The capital infusion aims to elevate production capabilities and advance research and development.

Correspondingly, the company has terminated its prior joint venture agreement with Buehler Motor, transitioning to a wholly owned structure to accelerate innovation and streamline operations. The firm emphasized that the acquisition was executed at arm’s length, aligning with its strategic vision to enhance EV component leadership in India.

Key Highlights:

Acquisition of 100% stake in Uno Minda Buehler Motor from Buehler Motor GmbH completed

Planned investment of up to Rs 400 crore in UMEVS for e-drive technology enhancements

Termination of existing joint venture agreement with Buehler Motor to assume full control

Focus on electric two- and three-wheeler traction motors and advanced EV powertrain components

Strengthens Uno Minda’s position in the growing Indian electric vehicle market

Moves aligned with strategic push towards innovation and operational efficiency

Source: Business Standard, Entrepreneur India, Uno Minda Ltd regulatory filings