Motherson Sumi Systems (MSSL), part of the Samvardhana Motherson Group (SMG), through its subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV) has formed a Joint Venture (JV) with Ossia Inc., innovator of the revolutionary Cota Real Wireless Power technology.
SMRPBV will hold majority share in the JV and will aim at bringing Ossia’s Cota power system into the interiors of some of the world’s most popular vehicles. The newly formed entity will be based in the USA, supported by SMG’s global organization.
Globally, the JV will focus on the integration of Cota technology into a wide range of non-military passenger, commercial and public transportation vehicles. The JV aims to have its systems deployed in both private and public vehicles by 2021 to not only deliver continuous wireless power to occupants’ personal devices, but also power various sensors in and on the vehicles themselves, including brake sensors, tire pressure gauges and key fobs. In addition, the JV will be the distributor of all Cota wireless power products across multiple verticals such as IoT and consumer devices in India.
Motherson Sumi Systems, including its subsidiaries and JVs is one of the leading manufacturer of automotive wiring harnesses, mirrors for passenger cars and a leading supplier of plastic components and modules to the automotive industry.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 144.90 |
| TVS Holdings | 9844.95 |
| Bosch | 31804.65 |
| UNO Minda | 1102.00 |
| Endurance Tech | 2097.30 |
| View more.. | |
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