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Prestolite Electric

Recent events

Recent events tied to this brand in public sources.

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  1. 2020

    Prestolite Electric India and Tata AutoComp sign joint-venture memorandum

    Prestolite Electric (Beijing), its subsidiary PEIL, and Tata AutoComp signed a memorandum of understanding outlining a planned capital increase and a proposed 50-50 ownership structure for PEIL. The memorandum expressed an intention to cooperate; definitive arrangements remained subject to further negotiation and a formal agreement.

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