JBM Auto arm acquires 51% stake in JBM Green Energy and JBM EV Industries


By RACE Innovations Pvt Ltd - 1st February 2022

Delhi – JBM Auto Ltd (JBM) of Gurugram (New Delhi) has announced the acquisition of a 51% stake in battery maker, JBM Green Energy Systems Pvt Ltd1 and electric vehicle maker, JBM EV Industries Private Ltd2 of New Delhi through its subsidiary JBM Electric Vehicles Ltd.  

Commenting on the acquisitions, Nishant Arya, Vice Chairman and MD of JBM Auto Ltd, said:

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