Skoda and JSW Green Mobility sign non-binding MoU

Skoda and JSW Green Mobility have signed a non-binding Memorandum of Understanding (MoU) to explore setting up a strategic joint venture in India. The proposed partnership would look at developing, manufacturing and selling passenger vehicles for both the Indian market and for exports across a range of powertrains, including internal combustion engine, electric, plug-in hybrid and hybrid. No specific details about the proposed joint venture's dimensions, engine outputs or prices have been announced.