Faridabad- Sterling Tools Limited., an automotive fastener manufacturer in India, asubsidiary Sterling Tech-Mobility Limited, has partnered with Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. a subsidiary of China's Kunshan GuoLi Electronic Technology Co., Ltd., to manufacture advanced High Voltage Direct Current (HVDC) contactors and relays in India. These components play a key role in controlling the flow of current in electric and hybrid vehicles.
Sterling Tools’ partnership with GLVAC is projected to generate Rs. 250 crore (29.62 million USD) by FY30, with Rs. 40 crore (4.740 million USD) invested in a new Bengaluru facility to locally produce HVDC contactors and relays. This aligns with the Atmanirbhar Bharat and Make in India initiatives, providing Indian OEMs and suppliers with access to advanced EV and HEV technology, fostering a self-reliant ecosystem.
HVDC contactors and relays are vital in EVs and HEVs, controlling high-voltage flow between batteries and power systems. They enable safe switching, protect against electrical faults, and help prevent hazards like fires or explosions during accidents or short circuits.
Mr. Anish Agarwal, Director from Sterling Tools Limited, said, “As the electric and hybrid vehicle markets continue to expand, it is important that we integrate the highest safety measures in the electric and hybrid vehicles through advance technological systems. At Sterling Tools, we recognize these concerns and are dedicated to enhancing safety in the EV and HEVs segment. This association highlights our commitment to the safety of high voltage battery & power electronic systems and contribute to the Make in India initiative of the Government of India. We will manufacture advanced HVDC Contactors and relays at our new Bengaluru facility, making them more affordable and accessible for OEMs and Tier-1 companies.”
Mr. Li Qinghua, General Manager from GLVAC YT, said, "India is an important market for us, and through our association with Sterling Tools Limited, we are poised to strengthen the EV and HEV sectors in India. As a key player in EV components, we recognize India's immense potential in the electric vehicle market. This partnership combines our technological expertise with Sterling's manufacturing excellence to deliver highquality, critical EV components to the Indian market. We see this partnership as a significant step toward supporting the country’s electric mobility journey. Together, we aim to drive meaningful advancements in EV components landscape, contributing to a more sustainable future.”
Sterling Tools through its wholly owned subsidiary Sterling Tech-Mobility plans to expand local manufacturing of electric vehicle components and electrical systems, strengthening India's EV supply chain and reducing reliance on imports. With the EV market poised for significant growth, this partnership is welltimed to capitalize on emerging opportunities while contributing to green mobility future.
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